The digital movement of money is a normal part of our modern world – with nearly $500 billion being transferred via Zelle each year. Now that many businesses and individuals rely on digital transactions, it’s more important than ever to be careful of potential scams when sending or receiving money. Zelle is a reputable financial
There often comes a time when caring for an aging parent or other loved one becomes more than a family member can regularly and easily handle. Even if the senior is living with you, helping them with basic activities of daily living, such as dressing or toileting, can become more challenging. If the senior is
Remote computer access is a high-tech way to fix software problems from the convenience of your own home. This connection allows you to give permission for a tech provider to access your computer so they can do the necessary repairs and maintenance. But scammers are using this method to collect personal information by posing as
As we age, many of us will lose some agility and balance, increasing the chances of a serious fall. According to the Centers for Disease Control and Prevention, about 36 million falls among older adults are reported each year, resulting in 32,000 deaths and 3 million emergency room visits. So making a home safe to
Most grandparents would do anything for their children and grandchildren, and scammers take advantage of these family bonds. Imposters exploit seniors and their love for their families by using false threats and a person posing as their grandchild to trick the grandparent into sending money quickly. How the Imposter Family Member Scam Works Here is
June is widely known as Elder Abuse Awareness Month. But here at Senior Safe & Sound, it’s always time for awareness, recognition and prevention of harm against our older, more vulnerable loved ones. As President Joe Biden said for World Elder Abuse Awareness Day on June 15, “All of us have a role to play
An unexpected communication from a government agency, such as the IRS or Social Security Administration, will quickly catch your attention ─ easily making you feel stressed or worried. Scammers know that posing as government workers can be an effective way to manipulate elderly victims to hand over sensitive information that can be used to steal
Isn’t it wonderful that medical advances and healthier lifestyles enable us to enjoy more time with our parents? While this is certainly great news, it also presents additional medical and financial planning challenges. For many adult children, this management is thrust upon them as their parents’ health suddenly deteriorates or the death of one parent
A recent report from the U.S. Department of Justice shows that at least 10% of older adults age 65 and older will experience some form of elder abuse in a given year. Unfortunately, some of these victims simultaneously experience more than one type of abuse: physical, financial, sexual, psychological and neglect. Not only does elder
Unfortunately, seniors are a vulnerable community when it comes to money scams. Thieves seek out the elderly to ask for money in ways that will play to their emotions. If you are the caregiver of a senior citizen, there are safeguards that you can implement to ensure your loved one doesn’t fall for a financial
