Every year, millions of seniors fall for a slew of financial scams. However, these situations can easily be prevented if they know what to watch for. Here are a few of the most common scams seniors should be wary of and what to do if they suspect a scam.
1. Bogus Overdue Utility Bills
Many scammers call seniors pretending to be from a local utility company and demand immediate payment for an allegedly overdue bill. They usually ask for a credit card number, check, or money order. Make sure your aging loved one calls the utility company first to confirm his or her account’s standing before paying.
In addition to being susceptible to scams, seniors can face a variety of other challenges as they age. Maintaining a high quality of life can be challenging for some seniors, but professional caregivers can help them attain this goal. Families can trust senior home care experts to help their elderly loved ones focus on lifestyle choices that increase the chances of living longer and healthier lives.
2. The Relative Emergency Con
Quite a few seniors receive calls or emails claiming a relative needs money quickly. For instance, a scammer might pose as a legitimate grandchild’s roommate and request money for an unexpected expense. At the very minimum, your loved one should check with other relatives to verify the story.
3. Fake Charity Solicitations
Most older adults with a little money to spare don’t mind donating to a worthy cause. However, few actually research the charity before sending them cash. Your loved one should never provide financial information to charity workers over the phone, even if they supposedly represent a legitimate organization like UNICEF.
From avoiding scams to performing basic housekeeping tasks, older adults may need help with an array of tasks. Some seniors need occasional assistance at home, and oftentimes the family members who take care of them need time away to run errands, take a nap, go to work, or take a vacation. Philadelphia respite care experts from Home Care Assistance are available on an as-needed basis, giving your family peace of mind that your loved one will remain safe and comfortable while you relax or focus on other important responsibilities.
4. The Classic Pigeon Drop Scam
A pigeon drop is a way to solicit funds by promising a big future payout. Fraudsters call seniors to tell them they’ve won a cash prize but require an up-front payment to unlock funds. When calls like this come in, your loved one should just hang up the phone.
5. Healthcare-Related Schemes
A significant number of scammers pose as Medicare representatives and ask for social security numbers, birth dates, and addresses. They then use this data to facilitate identity theft. Encourage your loved one to verify the identity of Medicare employees before volunteering any personal information.
Seniors can face a variety of age-related challenges. Though some families choose to take on the caregiving duties, there may come a time when they need a trusted Philadelphia home care provider. Families sometimes need respite from their duties so they can focus on their other responsibilities, and some seniors need around-the-clock assistance that their families are not able to provide. Home Care Assistance is here to help.