Posted on 08/18/2019 8:47:00 AM PDT by rintintin
Between fraudulent phone calls, phishing emails, and various other online schemes, there are plenty of opportunities nowadays for older, not so tech-savvy, adults to become victims of a financial scam. Amazingly, a new study finds that it’s not far-away con artists and strangers who are more likely to prey on vulnerable seniors. Instead, acts of financial elder abuse are committed more frequently by a victim’s own family members.
Researchers at the University of Southern California utilized data collected by the National Center on Elder Abuse (NCEA) for the study
(Excerpt) Read more at studyfinds.org ...
I’m not surprised.
There was this one affirmative action hire on staff at Lockheed when I worked there... her daily routine was to disrupt the rest of the department with loud personal phone calls while doing no work.
Showed up one day in a late-model Mercedes. Turns out that she scammed her own parents out of their home and spent the money on luxury consumption.
There’s the true crime tale........
His rich aunt lent the guy big bucks.....he lost it all gambling.
When it came time to pay up——he killed her ...... just b/c he didnt have the money.
I got a call from my grandson not long ago saying he had been in a wreck and needed bail money to get out of jail. I listened for a while and played along, before I broke it off in him.
I have no grandsons.
I’d play it,,,
.
“Your Granny is Sick!”
I had an old-time vendor get scammed when he gave his power of attorney to a business partner.
That is one of the ways that family members or “friends” can easily scam the elderly.
Yup...I can attest to this...SIL scammed MIL for years...
Where there is a will there is a relative willing to fight over it.
My elderly father was recently scammed out of 40K. These evil people who pray on the elderly have a special place in hell.
In our family too. I finally moved her money when hubby got POA to another bank where SIL couldn’t touch it. When it came time to share the inheritance I deducted what I had proof she had taken. She didn’t say a word because I had politely warned her that she could be prosecuted.
That was only the money she took w/o permission, it didn’t account the 10s of thousands she begged off her mother for all of her adult life.
I don’t find that hard to believe at all.
Of course. "Hey, Uncle Ernie, I just joined Amway. How about buying $500.00 worth of crap and becoming a direct distributor? You'll be rich!"
Easy to believe this, also crime in general is committed by people you know and rarely by a stranger.
That's disgusting. I wish all sorts of evil on people who do that sort of thing.
My sister volunteered to “help” my mother pay her bills.
She siphoned off about $30K in fraudulent checks, another $10k in fraudulent bank transfers to pay off her own credit cards, and another $6k in fraudulent debit card charges.
When confronted by an attorney, she refused to return the money. When confronted by the police and then the district attorney, she called my mom begging her not to send her to prison. Mom had the charges dropped.
VERY true.
I kniow of numerous examples.
Beware of relatives asking for money.
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