Preventing Elder Fraud Abuse – It Starts with You
The best way to avoid financial loss is to be better informed.
June 15 is World Elder Abuse Awareness Day. It’s a worldwide problem that deserves the attention of all who care about their elderly loved ones. Zions Bank was pleased to host Utah State Division of Aging and Adult Services Information Specialist Debbie Booth in a webinar where she shared important information about preventing elder fraud abuse.
The webinar was recorded and is available to watch at your convenience. In the webinar, Booth covered the following information:
- Why older adults are vulnerable to financial exploitation
- Who is likely to defraud the elderly
- Common types of financial exploitation, including telephone, computer, and mail scams; fiduciary abuse and identity theft
- How to report elder fraud abuse
- Resources to learn more
Elder fraud abuse is a bigger problem than is publicly known because most of it goes unreported. The best way to avoid financial loss is to be better informed.