Prevent Senior Fraud: Don’t Ignore These 5 Warning Signs

senior fraud

Financial skill declines with age

The ability to manage finances is one of the first skills to decline when we age. It’s important to spot the early signals to avoid devastating losses.

 

Watch for changes since your last visit

If you live close by, it’s easy to get used to your older adult’s home and lifestyle. During every visit, do your best to see with fresh eyes so you can spot any changes.

When you live far away, it can be hard to check in regularly to see how your senior is doing. You might feel guilty about not seeing them more often, but visiting less frequently can make it easier to notice changes that have happened since you last saw them.

 

5 warning signs of senior fraud

Our friends at True Link are experts at preventing elder financial abuse and senior fraud. Use their five warning signs to protect your senior from scams. These warning signs mean they’re at higher risk for fraud.

 

Next Step  Find out about 5 fraud warning signs on the True Link blog

 

By DailyCaring Editorial Staff
Image: West Texas ADRC

 

True Link is a financial services company committed to protecting vulnerable individuals, including seniors and adults with special needs, from becoming victims of fraud, scams, and exploitation. The company provides tools that can be self-directed or managed by family members, caregivers, or guardians. With True Link, you can detect suspicious account activity and block unwanted transactions, all while preserving an individual’s independence and protecting their assets.

 

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