Many home caregivers know — either from experience or from reports in the media — that scams targeting senior citizens are a big problem. But not all of them know just how big a problem it is. According to a 2015 study from True Link Financial, seniors suffer an annual loss of almost $17 billion from “deceptive but technically legal practices” which are geared specifically toward American seniors. And a 2010 Investor Protection Trust study found that 20% of US citizens 65 and older have suffered financial abuse.
Scams are nothing new, but with the increase in technological know-how, they are becoming more insidious. Home caregivers know that they need to find ways to protect their elderly loved ones from scams but may not be sure how. Fortunately, an upcoming webinar on October 4 can help.
“Preventing Senior Scams” is the latest entry in the ongoing series of Family Caregiver Support webinars. It is scheduled to begin at 10:00 a.m. Pacific time (12:00 noon Central, 1:00 p.m. Eastern) on Wednesday, October 4, 2017. The webinar series is sponsored by Home Instead Senior Care.
Those participating in this webinar will leave the session with the ability to:
- Identify different types of scams, fraud and abuse
- Recognize signs that an elderly individual may have been the victim of a scam
- Use prevention strategies to avoid these scams that target elder Americans
Lakelyn Hogan is a gerontologist and caregiver advocate for Home Instead Senior Care and a doctoral candidate at the University of Nebraska Omaha, studying social gerontology. She has a master of arts in social gerontology and master’s in business administration from UNO. Lakelyn has professional experience in the private and public sectors of senior care services.
Home caregivers and aging parents should know that the next webinar in the series will focus on “Support for the Working Family Caregiver” and will be held on November 8, 2017.