How to help your loved one avoid elder scams

Protecting elderly loved ones from scams is crucial as they can be vulnerable targets. Here are some ways to help them avoid scams:

Educate Them: Teach your elderly loved one about common types of scams and how they operate. Explain that scammers often use tactics like unsolicited phone calls, emails, or door-to-door visits. Emphasize the importance of being cautious and skeptical.

Encourage Open Communication: Create an environment where your loved one feels comfortable discussing any suspicious calls, emails, or interactions they have encountered. Encourage them to seek your advice or guidance before providing any personal or financial information.

Strong Passwords and Online Security: Advise your loved one to use strong, unique passwords for their online accounts and regularly update them. Teach them about the importance of not sharing personal information, such as Social Security numbers or financial details, through email or unfamiliar websites.

Caller ID and Call Screening: Suggest that your loved one uses caller ID to screen incoming calls. Advise them to be cautious of unknown numbers or callers requesting sensitive information. Encourage them to let calls go to voicemail if they're unsure about the caller's legitimacy.

Be Wary of Unsolicited Offers: Warn your loved one about offers that sound too good to be true. Remind them that reputable companies do not typically request personal or financial information through unsolicited phone calls, emails, or messages.

Verify Before Sharing Information: Teach your loved one to verify the identity and legitimacy of individuals or organizations before sharing any personal or financial information. Encourage them to independently find contact information for a company or organization and reach out to them directly.

Stay Updated on Scam Alerts: Stay informed about the latest scams and fraud tactics targeting seniors. Subscribe to scam alert newsletters or follow reliable sources such as government agencies or consumer protection organizations. Share relevant information with your loved one to keep them informed.

Consider Caller ID Services and Spam Filters: Explore options for caller ID services or spam filters on your loved one's phone to help identify and block potential scam calls. These services can help filter out suspicious or unwanted calls.

Power of Attorney or Trusted Family Member: If your loved one is comfortable with it, consider establishing a power of attorney or designating a trusted family member to help monitor their finances and make decisions on their behalf. This can add an extra layer of protection against scams.

Stay Involved and Supportive: Maintain regular communication with your elderly loved one and offer your support. Assure them that they can always turn to you for assistance or advice if they suspect any fraudulent activity.

By taking these preventive measures and providing ongoing support, you can help your elderly loved one minimize the risk of falling victim to scams.