Elder Fraud Wars

Elder Fraud Wars
Author: David Neil Kirkman
Publisher: McFarland
Total Pages: 286
Release: 2020-06-01
Genre: Family & Relationships
ISBN: 147668149X

By recounting actual court cases, this book examines the multi-billion-dollar elder fraud industry, the special vulnerabilities of those it targets, and the ease and frequency with which it obtains hundreds of thousands of dollars per victim. It also reveals successful strategies for combating that industry and the important contributions to that effort by concerned bankers, doctors, reporters and others in the private sector. The cases reveal an increasingly sophisticated global industry that targets each victim with a series of repeat "hits." This tactic--criminals call it "reloading"--sets the elder fraud industry apart from groups that defraud younger individuals. Twelve key age-related fraud vulnerabilities are illustrated in the cases. So, too, are the scammers' skills in mapping their target's unique combination of vulnerabilities and then tailoring their narratives to exploit each one. Most of the cases highlight actual victims, scam artists or fraud fighters. Their individual stories range from inspiring and sometimes comical to frustrating and deeply disturbing. Readers with aging parents, law enforcement officials, medical professionals, members of the financial industry and others who work with older adults will find it particularly useful.

Frauds Against the Elderly

Frauds Against the Elderly
Author: Charles C. Sharpe
Publisher: McFarland
Total Pages: 249
Release: 2015-09-18
Genre: Social Science
ISBN: 0786481684

Fraud committed against the elderly has reached epidemic proportions, and the problem will only worsen as a large segment of the American population approaches retirement age. This book explores the disturbing rise in these offenses--crimes aimed at a vulnerable segment of society that is often unable to overcome the consequences--with an eye towards helping seniors protect themselves. This handbook first defines fraud, then discusses why the elderly are targeted, the growing scope of the problem, and why these crimes often go unreported or unsolved. The second section clearly explains 28 of the most common types of fraud--including home improvement scams, health frauds, identity theft and magazine sales--in a manner that allows readers to recognize and avoid the predatory actions of others (whether strangers, friends, or even family members). The third section provides a list of resources and actions to take and for those who believe themselves to be the victim of fraud. The book also contains a list of related acronyms, an index and a bibliography.

Frauds Against the Elderly

Frauds Against the Elderly
Author: United States. Congress. House. Select Committee on Aging
Publisher:
Total Pages: 152
Release: 1981
Genre: Deceptive advertising
ISBN:

Money Smart for Older Adults Resource Guide

Money Smart for Older Adults Resource Guide
Author: Federal Deposit Federal Deposit Insurance Corporation
Publisher:
Total Pages: 102
Release: 2019-03
Genre: Consumer protection
ISBN: 9781798471562

This recently updated guide produced by the Bureau of Consumer Financial Protection (BCFP) and the Federal Deposit Insurance Corporation (FDIC) provides information on common frauds, scams and other forms of elder financial exploitation and suggests steps that older persons and their caregivers can take to avoid being targeted or victimized.The mission of the BCFP, a government agency, is to make markets for consumer financial products and services work for consumers by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. The FDIC is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system.

Fleecing Grandma and Grandpa

Fleecing Grandma and Grandpa
Author: Betty Sowers Alt
Publisher: Praeger
Total Pages: 0
Release: 2004-09-30
Genre: Law
ISBN: 0275981797

Scams and cons can target anyone, but the elderly are particularly vulnerable; Alt and Wells review the various frauds, provide advice for avoiding the traps, and offer guidance for what to do if you or a loved one falls victim.