Preventing Fraud and Scams | Financial Safety

Author

Alzheimer's Association Greater Dallas Chapter

Posted on

Jun 03, 2021

Each year, millions of older adults fall victim to fraud or scams. With the increased isolation experienced during the COVID-19 pandemic, scammers have become even more creative. Learn about the latest scams, how dementia can increase vulnerability, what to do if you suspect fraud, and available resources.

Elder financial abuse is big business. It is believed that financial fraud occurs every 15 seconds. According to the AARP Public Policy Institute, 1 in 5 older Americans are victims of financial exploitation each year. And, while the scammers are getting sneakier, it is not always a stranger that is the perpetrator. According to a 2019 report, the greatest losses related to elder fraud are at the hands of a fiduciary - someone who is trusted to act on behalf of another individual. Unfortunately, our seniors who are experiencing the early warning signs of dementia are at an even higher risk, given the impact the disease has on their judgement and ability to manage finances.

Our goal for this program is to provide you, the individual, the caregiver, the professional with the information and resources you need to not only protect yourself, but protect your loved ones and your clients as well from falling victim to financial fraud, abuse, exploitation, and scams.
Program Speakers:

Kimberly Neal | Associate Vice President of Corporate Security, First National Bank Texas
Susan Williams | Associate State Director of Outreach and Advocay | AARP Texas
Kathleen Warshawsky, BSN, RN | Publisher, Seniors Blue Book
Jane Hunley, MSSW, LMSW | Caregiver Support Specialist, The Senior Source
Carl Burbow, | Elder Financial Safety | The Senior Source

Thank you to the organizers of the program:The Alzheimers Association, The Senior Source, AARP, Seniors Blue Book, and Kimberly Neal with First National Bank of Texas. The program was supported in part by the North Central Texas COG/Area Agency on Aging, Texas Health and Human Services, and the Dallas Area Agency on Aging.


Here is the link to watch the program: FRAUD AND SCAMS PROGRAM

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Local Services By This Author

Alzheimer's Association Dallas and Northeast Texas Chapter

Caregiver Support Services 5000 Quorum Drive, Dallas, Texas, 75254

The Alzheimer's Association is the world's leading voluntary health agency in Alzheimer's care, support and research. We offer free counseling and resource referrals 24/7 through our Helpline at 800.272.3900. We also have support groups meeting all around the Greater Dallas area helping families through the challenges of Alzheimer's and other forms of dementia.A world without Alzheimer's disease. http://www.alz.org/dallasnetexas