November 17, 2021

Can You Recognize Potential Financial Exploitation Of A Senior?

If you have a senior in your family, are you worried about him or her being scammed? Could you recognize potential vulnerability?   

Take This Quiz

Test yourself: Which of the following scenarios might indicate signs of possible senior exploitation?

1. Jane, 75, almost never withdraws money from her account. Jane’s husband of 50 years passed away a year ago. For the past few months, she has asked her broker to withdraw $5,000-10,000 per month. She explained that she is buying new furniture for her house.

2. At Jane’s September meeting with her broker, Jane brings a new friend. The new friend sits with Jane but does not say anything.

3. At Jane’s March meeting with her broker, Jane again brings her friend. This time the friend does all of the talking for Jane. Jane is…

Read full article here: