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By Julie Fielder
Attorney

Elderly individuals are common targets for scammers seeking to steal money and property from unsuspecting victims. Some scams targeting seniors have been around for years, but it seems that new scams are invented each year that target seniors in particular. Our California elder law attorney discusses the top 12 scams targeting seniors to help you understand how your loved ones may be targets of thieves and scam artists.

12 Scams that Target Seniors

1. Burial and Funeral Scams

Seniors are often the targets of burial and funeral scams. These scams can include purchasing unnecessary burial insurance or adding unnecessary charges to a funeral bill. In some cases, an older adult may be approached by a scam artist claiming that a recently deceased spouse owed a debt that must now be paid by the grieving widow or widower.

2. Charity Scams

Charity scams are another popular way for scammers to obtain money from elderly individuals, especially after natural disasters. The scammers often call claiming that they are with a national organization that an elderly person may recognize, but they also may appear on your loved one’s doorstep to ask for cash.

3. Identity Theft

Elderly individuals are susceptible to identity theft because they may be more willing to give out their personal information if they believe the person is from a government agency, such as the IRS or Medicare. In many cases, a scammer calls claiming they need to verify personal information. They may have the person’s name, address, and birth year from information discovered online. The scammer “verifies” this information so that the elderly person will provide other personal information such as their full birth date and Social Security Number.

4. Internet Fraud

Using the internet safely at any age requires a certain skill set. You need antivirus programs and malware programs to prevent your personal information from being stolen. Elderly individuals may be less likely to update their virus protection and more likely to click on unknown links in emails.

5. Investment Scams

Seniors may worry about outliving their retirement savings. Scammers play on those fears by offering fraudulent investment schemes that promise additional income without risking their current assets. These promises result in the loss of thousands of dollars and entire savings accounts.

6. Reverse Mortgage Scams

A reverse mortgage pays money to a homeowner while allowing the homeowner to remain in the home. Upon the death of the homeowner or the sale of the home, the mortgage is paid. Elderly individuals should only borrow equity from their homes through reputable lenders.

7. Grandparent Scam

Scammers search the internet and social media to locate information about an older person’s grandchild. The scammer calls the grandparent stating that the grandchild is injured, stranded, or arrested. The scammer may even pretend to be the grandchild asking for money directly to resolve an unexpected financial crisis.

8. Social Security Calls

Recently there has been an increase in the number of fraudulent calls from individuals claiming to be with the Social Security Administration. They may spoof the number that appears on the receiver’s telephone and may have some information about the person that makes them sound legitimate. SSA rarely calls and ask for personal information by telephone unless they have an ongoing matter with the person.

9. Fraudulent Prescription Medications

Many seniors are concerned with the cost of prescription drugs. Scammers offer prescription medications at a huge discount. The medications are often vitamins, or worse, the drugs can be dangerous and deadly.

10. Internet Friends

Many seniors live alone and may be isolated from fami

About the Author
Julie M. Fiedler, an Attorney at Law, has been a resident of San Ramon since 1988. With over 30 years of experience in healthcare and senior services as a Registered Nurse, she is recognized as a Certified Elder Law Attorney (CELA) by the National Elder Law Foundation. Julie is accredited by the Department of Veterans Affairs to assist individuals with VA benefits. Her extensive involvement includes serving on the Board of Directors for the National Academy of Elder Law Attorneys, Inc., and as the past President of the Northern California Chapter of the National Academy of Elder Law Attorneys. She is an active member of California Advocates for Nursing Home Reform and ElderCounsel. Additionally, Julie Fiedler has contributed her leadership skills as President of the Adult Day Services Network of Contra Costa.