Local experts urging seniors to watch out for scams - KCBD NewsChannel 11 Lubbock

Local experts urging seniors to watch out for scams

Provided by Home Instead Senior Care

Local senior care experts are urging Lubbock area families to be alert for scammers who may be targeting their senior loved ones with a variety of clever cons that could jeopardize not only their life savings, but their independence.

"Scam artists are specifically targeting seniors, because they are the fastest-growing segment of the population, which has led to increased demands on law enforcement agencies," said Tracy Baugh, owner of the Home Instead Senior Care® office in Lubbock. "This scenario has the potential to put more local seniors than ever at risk of losing their life savings, their homes and their trust in others."

As a result, the nonprofit National Association of Triads and the local Home Instead Senior Care office have launched a public information program to educate families and seniors about how to protect themselves. The local Home Instead Senior Care office also will be holding a presentation on fraud prevention with guest speakers from the Lubbock Police Department and the local Adult Protective Services offices Aug. 25, as well as a shredding event that morning where the public can drop off documents that need to be destroyed.

The Protect Seniors from FraudSM program - developed with the expert assistance of the Triads - provides family caregivers with a number of important tools at ProtectSeniorsFromFraud.com. Included in the website's various resources is a Criminal Target Scale, which can help family caregivers assess how likely their senior is to be the potential target of a scam. A Senior Fraud Protection Kit also is available from the local franchise office.

According to experts, the top three crimes targeting seniors are identity theft, Medicaid/Medicare and medication fraud, and financial exploitation. The demographics of an aging population and the sophistication of scammers are adding up to big losses - both financially and emotionally - for older adults. The annual financial loss by victims of elder financial abuse is estimated to be at least $2.9 billion, a 12 percent increase since 2008*.

"Our CAREGiversSM are always on the lookout for potential scams that target senior clients, helping them screen phone calls and deal with questionable pieces of mail. We're pleased to provide the tools to help family caregivers as well as seniors ward off increasingly cunning con artists and their elaborate schemes to defraud local adults," Baugh said.

What makes con artists difficult to capture is the lack of reporting of this crime, experts note. "A recent AARP study found that only 25 percent of victims over age 55 have reported to authorities that they've fallen for a scam," said Ed Hutchison, director of the National Association of Triads, Inc., who serves as expert source for this program.

"These seniors may be afraid to be seen as vulnerable by the law and those in a position to tell them that, perhaps, they are not fit to continue living by themselves. It's a perceived threat of a loss of independence that drives many to keep quiet," said Hutchison, whose 820 state Triads - part of the National Sheriffs' Association - work with local seniors, law enforcement and community volunteers to help keep seniors safe.

To obtain a free Senior Fraud Protection Kit or to reserve a spot at the fraud prevention presentation Aug. 25 from 10:30 to 11:30 a.m. at Carillon Senior Living, Windsong, Caprock Room, 4002 16th St., contact the Home Instead Senior Care office serving Lubbock and all of Lubbock County at 806-281-4663.

*The MetLife study of Elder Financial Abuse, June 2011; online at http://www.metlife.com/assets/cao/mmi/publications/studies/2011/mmi-elder-financial-abuse.pdf

  • Local News on KCBD.comNewsMore>>

  • US sets up missile defense in S. Korea as North shows power

    US sets up missile defense in S. Korea as North shows power

    Wednesday, April 26 2017 1:56 AM EDT2017-04-26 05:56:38 GMT
    Wednesday, April 26 2017 1:56 AM EDT2017-04-26 05:56:38 GMT

    A U.S. guided-missile submarine arrived in South Korea on Tuesday and envoys from the U.S., Japan and South Korea met in Tokyo, as North Korea marked the anniversary of the founding of its military.

    A U.S. guided-missile submarine arrived in South Korea on Tuesday and envoys from the U.S., Japan and South Korea met in Tokyo, as North Korea marked the anniversary of the founding of its military.

  • GOP drops US-Mexico wall demands as spending talks advance

    GOP drops US-Mexico wall demands as spending talks advance

    Wednesday, April 26 2017 1:37 AM EDT2017-04-26 05:37:28 GMT
    Wednesday, April 26 2017 1:37 AM EDT2017-04-26 05:37:28 GMT

    Republicans hope to avoid the ignominy of a government shutdown while their party controls Congress and the White House.

    Republicans hope to avoid the ignominy of a government shutdown while their party controls Congress and the White House.

  • Judge blocks Trump threat to withhold 'sanctuary city' funds

    Judge blocks Trump threat to withhold 'sanctuary city' funds

    Wednesday, April 26 2017 1:27 AM EDT2017-04-26 05:27:14 GMT
    Wednesday, April 26 2017 1:27 AM EDT2017-04-26 05:27:14 GMT
    A federal judge on Tuesday blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.. (Source: Raycom Media)A federal judge on Tuesday blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.. (Source: Raycom Media)

    A federal judge in San Francisco has blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.

    A federal judge in San Francisco has blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.

Powered by Frankly