Saturday, October 08, 2005

Fraud Against Elder Citizens

Unfortunately, all too frequently, senior citizens are targeted to become victims of fraud. The are many reasons for this, including that many senior citizens are looking to boost their "nest eggs." This makes them particularly vulnerable to telemarketing fraud, auction fraud and advance fee scams. Another reason they are targeted is that they have well established credit histories (desirable to identity thieves) and have more liquid assets (access to cash) than other members of society.

The people, who prey on our grandparents, are in my opinion, the worst of the worst and deserve to be sought out (aggressively) and punished by the harshest means possible.

There are a lot of resources for our elder citizens and I thought I would take some time and put them together in the spirit of providing resources that inspire awareness. The National Center on Elder Abuse (NCEA) is a very informative site and has a lot of resources to protect senior citizens.

On this site is a great link to report suspected abuse:

"If you suspect elder abuse, or are concerned about the well-being or safety of an older person, report it. Don't hesitate, don't make excuses. Call your state abuse hotline immediately. Click here for State Elder Abuse Hotlines."

Protecting those who have worked hard all their lives to build what we have today is a noble cause and in my opinion, our duty.

The AARP (also) seems to be very active in the fraud prevention (awareness) field and has an excellent page, which can be viewed by clicking on the title of this post.

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