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Do You Know The 10 Trending Scams Targeting Our Elders Right Now

Did you know that during the month of June we focus on World Elder Abuse Awareness Day? This is an international time dedicated to raising awareness about the various forms of abuse that can affect our seniors, including financial scams. Unfortunately, scammers often target older adults, taking advantage of their trust and, in some cases, limited technological savvy. Let us share ten trending scams targeting our elders right now that you can familiarize yourself with as well as tips on how to protect your loved ones.

1. Social Security Scams. Scammers pose as Social Security Administration (SSA) officials, claiming there are issues with the victim's account and demanding personal information or payment to resolve the issue.

2. Medicare and Health Insurance Scams. Fraudsters call or visit, posing as Medicare representatives, to obtain personal information for identity theft or false billing purposes.

3.Phishing Scams. Seniors receive emails or texts that appear to be from legitimate companies or government agencies, asking them to click on links or provide personal information.

4. Tech Support Scams. Scammers impersonate tech support representatives from well-known companies, claiming the senior's computer has a virus and requesting payment to fix the nonexistent problem.

5. Grandparent Scams. Fraudsters call pretending to be the senior's grandchild in distress, asking for money to be sent immediately to help them out of an emergency situation.

6. Sweepstakes and Lottery Scams. Seniors are informed that they have won a large sum of money or prizes but need to pay taxes or fees upfront to claim their winnings.

7. Home Repair Scams. Scammers offer services like roof repair or driveway resurfacing at a low price, then either perform shoddy work or take the money without completing the job.

8. Romance Scams. Fraudsters create fake profiles on dating sites or social media, building a relationship with the senior and then asking for money for a fabricated emergency.

9. Charity Scams. Scammers pose as representatives from bogus charities, especially after natural disasters or during holiday seasons, soliciting donations from kind-hearted seniors.

10. Investment Scams. Fraudulent investment opportunities are presented to seniors, promising high returns with little risk, often leading to significant financial losses.

To safeguard seniors from scams, it is crucial to educate them about the risks and warning signs. Encourage them to be vigilant and skeptical of unsolicited calls, emails, and offers that seem too good to be true. Teach them to never share personal information over the phone or online unless they are certain of the recipient's identity. It is also important to regularly review their financial statements for any unusual or unauthorized transactions. Encourage them to consult with a trusted family member or financial advisor before making any significant financial decisions. By fostering open communication and staying informed about common scams, you can help protect your loved ones from becoming victims of financial exploitation.

We know this topic may raise more questions that it answers and want to help you plan for the future, and the unexpected.  World Elder Abuse Awareness Month is an important reminder to stay vigilant and protect our elders from financial exploitation. By staying informed and proactive, we can help ensure their safety and peace of mind. If you need assistance in safeguarding your loved ones' finances or need legal advice regarding elder care, do not hesitate to contact an experienced Florida elder law attorney.

Worley Elder Law, based in beautiful Bradenton, Florida, focuses on helping you understand your options in designing your Estate Plan or Elder Law needs. Whether it's preventative incapacity planning or establishing your legacy, we will take the time to explain every option and work with you to create a customized plan just as unique as you and your family are. Please do not hesitate to contact us to let us help you.



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