Sadly, there are people in the world who will take advantage of seniors and tap into their paranoia for their own benefit. Many seniors are unaware of the many scams that exist and are prone to believe what they hear, causing them to lose money and potentially even steal their identity, causing even more problems, not only for your parents, but also for you. Therefore, it’s up to you to educate yourself on spotting the signs your senior parent may be getting scammed so you can help stop it or even prevent it altogether.
First and foremost, you need to know about the common types of scams your aging loved should look out for. It doesn’t matter if they’re in Oklahoma assisted living; they are at risk if they have a phone or use the Internet. Assisted living centers make it easy for seniors to live independently, but they aren’t designed to monitor your loved one’s phone activity and won’t be able to keep them safe from all of the scams out there. In general, there are several types of common scams, including:
Government scams that claim to be from the IRS, Social Security or another entity, like Medicare. They may try to convince your loved one to provide financial information to prove their identity. These institutions will never ask for this information.
Some scammers may call seniors pretending to be a grandchild or another family member who needs money. Because seniors can’t hear as well as they used to or may experience confusion, they may not realize the individual isn’t a real family member and may be convinced to send a large sum of money to help.
Others may pretend to be the representative of a company that has a prize for your senior loved one. They may ask for banking details to send the prize money to or other personal information to prove identity or send a prize.
While this isn’t the full scope of scams floating around, these are the most common that target individuals in assisted living centers.
Seniors are susceptible to falling for these scams because they already worry about their limited income. They may not be aware of how processes work and are more likely to simply provide the information, rather than dig into the call and find out if it’s actually legitimate. These calls often create a sense of urgency, which can frustrate or scare the elderly. The good news is there are ways you can help those in assisted living in OKC so they don’t fall victim to one of these scams.
Talk to your parents about the importance of never giving out any personal information over the phone, including full name, address, bank account information, date of birth or anything else of that nature, especially if the individual called them. It’s also important to note government agencies will always contact individuals in writing via the postal service. Talk to your loved one’s bank as well to find out if there are things you can do to prevent money from going out without the appropriate permissions. There may be safeguards that can be put in place to further protect your aging parents’ assets.
If you’re looking for assistance with your loved one and want to help keep them safe from scams, contact us. Our facility is the ideal place for the elderly to enjoy their senior years.