The Consumer Financial Protection Bureau released a report about key facts, trends, and patterns related to elder financial exploitation. This first-ever public analysis provides a chance to better understand elder fraud and to find ways to improve prevention and response.
If you believe that you or someone you know is a victim of financial exploitation, contact your local adult protective services (APS) agency. You can find out how to reach your APS office from the Eldercare Locator at eldercare.acl.gov or by calling 1-800-677-1116. Report scams or fraud to the Federal Trade Commission at ftc.gov/complaint .
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The United States Department of Justice has an Elder Justice Initiative. Their mission is to combat elder abuse and financial exploitation, encourage reporting abuse, and educate the public to make America safer for all.
Placing a freeze on your credit data is one of the most effective ways to prevent identity thieves from using your info to steal.Expect it to take 10 minutes of computer time per each adult in your household.Here is an article from AARP with more information.
And these are the links to the 3 major, and 1 minor credit bureaus with whom you should freeze your credit:
This is a webinar on Scams & Identity Theft on Older Americans presented by the Federal Trade Commission.
Just as you use locks to keep criminals out of your home, you also need safeguards to secure your computer. The Department of Homeland Security has created these resources and materials to help you stay cyber safe.
To help raise awareness, we’re sharing these cyber security tips for seniors and their caregivers. They make sense for people of any age, but since scammers often target older adults be sure to share these with any older adults you know.