Expert warns of ‘elder fraud’ targeting seniors across Ireland and what to look out for
Experts have issued a warning over the latest bout of scams that are targeting older people and has been coined ‘elder fraud'.Fraudsters often take advantage of this group, so understanding what to look out for, can help younger generations to make their older family members aware.In line with the latest fraud news, cybersecurity expert Brandon King from Home Security Heroes has prepared a list of tips to spot and prevent fraud.
Criminals are usually strangers, but in some cases, they are known to the elderly, like family, friends, or colleagues. Victims across the globe have been known to lose their savings and suffer devastating consequences as a result of falling victim. They often ask for secrecy, and in one case, an elderly woman in the US was scammed of €20,000 by someone posing as law enforcement in 2019.Romance scams often target women 50 and above, but men can be victims too. Scammers will usually target seniors who have lost their spouses and are looking for companionship.
False charity schemes usually happen after a significant event, like a health crisis, global campaign, or natural disaster.According to Mr. King, the best way to keep your elderly loved ones protected from these types of scams is to:What to do if someone you know has fallen victim to elder fraud If an elderly person you know has been scammed, it's important not to panic and to stay calm.
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