Friday, 29 April 2016

Fraud and Scams

A recent news piece detailed a story of an elderly man who was the victim of a financial scam by a woman he married while in his late 80's. The story had elements of elder abuse and financial abuse with a clear picture of how people who are at a vulnerable stage especially without family to keep an eye on them, can fall victim to con artists. His fear was that he would end up in a nursing home and so, placed his trust in a woman who duped him and it appears, others before him.

 It reminded me of a case I had as a hospital social worker many, many years ago where a woman 50 years the junior of an elderly sick man, convinced him to marry her and change his will and powers of attorney. It was my first experience with a situation like this and very difficult to witness. And while there was family, they were not aware of the problem until the damage had been done.

Over the years, unfortunately, these types of stories have become far too common. There are several financial scams geared to target the elderly, And while we read about people after they have been victimized, I do wonder how many seniors actually know what to be wary of. And really, it's not just about seniors. All of us have to be aware. I receive emails and calls frequently which are clear scams. A few months back I got a message from Revenue Canada. It made no sense to me so I started investigating it and discovered that it was a scam and many people had been getting similar calls. Even if one out of 1000 people take it seriously, the con men involved can make a fortune at it. Soon after, I read a story about someone who had fallen victim to this exact scam and handed over thousands of dollars to an unknown crook posing as the tax department. So what can we do to protect ourselves and those we care about?

The RCMP has created an online Guidebook for seniors about Fraud and Scams (http://www.rcmp-grc.gc.ca/pubs/ccaps-spcca/seniors-aines-eng.htm#Fraud) but I question how many people actually know about it and the many different types of fraud and scams that exist. Everything from Lottery Scams to Identity Theft and everything in between is detailed in it. It is most definitely worth a read and a discussion with those you care about. Take some time to read about the scams that are out there and what you can do to protect yourself. Educate yourself and others. The more aware people become of this and the more publicity we give it, the less victims there will be.

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