U.S. seniors are subject to financial abuse by “target of opportunity” abuses, abuses by financial salespersons without scruples and by professional criminals and con artists.
Target of opportunity abuses are often committed by family members and caregivers who take advantage of frail elderly seniors. Financial sales persons often sell inferior high-commission products to seniors, and contractors often take advantage of seniors’ trust. Organized professional criminals target seniors for old fashioned con artist schemes as well as new high-tech theft and identity abuse crimes.
This book outlines the most common abuses and provides easy low-cost methods for seniors and their families to protect senior from financial abuse, written by a financial professional with decades of experience with seniors financial, estate and health care issues.
The book is written to be concise and is written in consumer-friendly plain English.