Tag Archives: scam artists
July 23rd, 2014 | 0
The FBI, AARP and many senior-focused healthcare organizations have warned that seniors and people suffering from dementia are prime scam targets. Scam artists look for people who may feel isolated and crave interaction. Elderly victims are often polite and trusting of strangers. Dementia impacts the cognitive abilities necessary to discern a stranger’s true motivations, making one vulnerable to being manipulated. A 2009 study by MetLife’s Mature Market Institute estimated that seniors lose approximately $2.6 billion every year due to financial abuse and scams.Continue Reading
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