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Warning Signs of Fraud: Helping Seniors with Finances (5 of 6)

The stress, shame and fear associated with being scammed can have horrible effects on your senior loved one's health. In this video "Warning Signs of Fraud," certified senior advisor Mary Alexander from Home Instead Senior Care discusses how to spot some of the most common scams.

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Thoughts and stories from others
  1. February 4, 2013 at 2:06 am | Posted by Susan

    My mom is 78 years old and been with her companion for 18 years. Four years ago he manipulated her into putting her VA pension (from my deceased father) and Social Security into a checking account with his name on it. I started investigating and gained access to my mother's money and found out this SOB has been transferring her money into his own personal account where he stands to financial gain. Now he is sick of dealing with her and wants to dump on me with no financial means of supporting mom. So I contacted Defense Finance Fraud Unit and requested an investigation and I want charges filed against her for Elder Financial Fraud and Exploitation. He OWNS 3 houses yet he is taking my mom's money to upgrade the house he lives in when mom & I own a condo together and it desperately needs new windows and kitchen cabinets replaced along with all the faucets. I am on medical disability myself and when I received my settlement I replaced the appliances that were breaking. I had to close out mom & I's CD at the bank to pay for windows. The electric bill is over $250 and I am the only owner that pays over $100 a month in electric.I am trying to prepare to prepare to bring my mom home with me in two months after I take care of a few of my own pending medical conditions at 53 years old. My mom is eligible for Aide and Assistance pay which I will need from the VA however may take up to 6 months to get. The approximate $16K this man took of my mom's would have helped to get home care started which I will need due to the fact that I suffer with major depression and anxiety and panic attack disorder. If anyone has any suggestions please share with me. Sue

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  2. October 27, 2010 at 1:43 pm | Posted by Sharon

    2 years ago, our 84 year old aunt's neighbors stole her checks, ordered more, and drained her life savings before we found out she did not have enough money to buy a loaf of bread. They had been collecting her mail and taking her statements. One of these criminals was one who lived across the street for 50 years! Both neighbors were people who were always welcome in Aunt's home for years. Our aunt would not file charges because of fear for her safety.

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