Financial Elder Abuse Scams Are On The Rise

Written by Adam Peck Category: Elder Law January 26th, 2013 2 min read

Financial Elder Abuse scams are on the rise.

Jo Rivers, 80, feels embarrassed and angry that she got scammed out of $2,100.

This elder says a caller recently convinced her to wire money to Ohio..

“They called me on the phone and they wanted me to send money to my son,” she said. But Hall’s son wasn’t in Ohio. The senior says she got confused and wired the money anyway.

“Oh I was very embarrassed and stupid,” she said.

But she’s not alone. The ailing economy has desperate people looking for easy targets says California Financial Elder Abuse Attorney Steven C. Peck.

“They (seniors) come from a trusting generation and a lot of people take advantage of that,” says Peck.

The Department of Consumer Affairs is teaming up with the Contractors State License Board to host “Senior Scam Stopper Workshops” across the state.

Never give out personal information over the phone unless they initiate the call. And if you’re hiring a contractor, make sure they’re licensed says California Elder Law Attorney Steven C. Peck.

Popular scams for instance, include people calling seniors telling them they’ve missed jury duty and must pay money or turn over personal information to avoid going to jail.

Many California seniors have also been approached by scammers in grocery store parking lots.

“Somebody will come up and whack their hand on the side of the car and then tell the senior you hit my car,”

That’s what happened to 81-year-old Nell Adams, who agreed to go to the bank and pay a couple $300.

“They wanted money and dumb me, I was willing to pay it,” Adams said.

Fortunately someone witnessed what the couple was pulling and scared them off. Consumer advocates say it’s important seniors are aware of the scams and take steps to protect themselves.

“My hope is to educate people so they’re proactive and identify these frauds and scams and don’t get taken” says Peck.

Share it

Questions? Check with Peck Today

Blog Lead Form

Elder Abuse and Neglect in Assisted Living Facilities

Elopement in Nursing Homes

Assisted Living Abuse

Settlement Reached in Assisted Living Facility Death

Assisted Living Abuse and Neglect Attorneys

Written by Adam Peck

Expertise: Personal Injury

Adam J. Peck, ESQ is a principal with Peck Law Group, APC. In 2008, Mr. Adam Peck received his Juris Doctorate from Whittier Law School where he graduated Cum Laude. His practice is primarily dedicated to representing Elders, Dependent Adults, along with their loved ones and family members, who have suffered horrific personal injuries.