Podcasts about elder fraud

Research and articles in this episode include:"8 Revealing Everyday Documents You Never Knew You Should Shred". Reader's Digest Online. Link: https://www.rd.com/list/shred-documents/"The Best Longevity Habit You're Not Thinking About". Time.online. Link: https://time.com/7265427/how-to-improve-balance-exercise/"Things That Keep Seniors Minds Sharp". ForSeniorsMag.com. Link: https://forseniorsmag.com/things-that-keep-seniors-minds-sharp/?#google_vignette"Do diet and exercise hold the keys to longer, healthier lives?". MedicalNewsToday.com. Link: https://www.medicalnewstoday.com/articles/do-diet-and-exercise-hold-the-keys-to-longer-healthier-lives"Elder Fraud in Focus". FBI.gov. Link: https://www.fbi.gov/news/stories/elder-fraud-in-focus"Elder Fraud". FBI.gov. Link: https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-frauds-and-scams/elder-fraud"Intermittent fasting may help prevent blood clots". MedicalNewsToday.com. Link: https://www.medicalnewstoday.com/articles/intermittent-fasting-cuts-heart-attack-risk-by-preventing-dangerous-blood-clots"Music therapy shows promise in reducing depression for dementia patients". MedicalXpress.com. Link: https://medicalxpress.com/news/2025-03-music-therapy-depression-dementia-patients.html"Chronic inflammation: What it is, why it's bad, and how you can reduce it". MayoClinic. Link: https://mcpress.mayoclinic.org/dairy-health/chronic-inflammation-what-it-is-why-its-bad-and-how-you-can-reduce-it/"Eating citrus fruit like oranges tied to 20% lower depression risk". MedicalNewsToday.com. Link: https://www.medicalnewstoday.com/articles/eating-citrus-fruit-like-oranges-tied-to-20-lower-depression-riskTech For Senior website. Link: https://www.techforsenior.com/---Host:Stephen Carter - Website: https://StressReliefRadio.com - Email: CarterMethod@gmail.com.---Technical information:Recording and initial edits with Twisted Wave. Additional edits with Audacity (de-click), Hush, Levelator, and Audyllic. Final edits and rendering with Hindenburg Pro. Microphone: Audio-Technica 2100x.---Key words:dementia, heart_health, senior_mental_wellbeing, brain_health, 

Fraudsters are getting smarter---and their biggest targets? Older adults. With a staggering $28 billion lost annually to scams, it's time to take action.In this episode, fraud prevention expert Ron Long shares insights on how scammers operate, why elder financial abuse is skyrocketing, and---most importantly---how to stay safe. Ron has spent years working to protect seniors from fraud, from his early days at the Securities and Exchange Commission (SEC) to leading the charge at Stevens & Lee.What are the most common scams? Who are the perpetrators? And how can you safeguard your finances? Tune in for practical steps, eye-opening stats, and real-world solutions that could save you or a loved one from financial disaster.

Elder financial exploitation has been a problem for banks for years, and it's getting worse. Gunther offers practical suggestions for what banks should do when they suspect an older customer is a victim.

This week's episode, we're joined by Mark Houston, a Partner at Audient Group. He is a seasoned expert in Fraud Risk Management and Data & Analytics Strategy. In this episode, we explore the world of fraud detection as Mark shares his top two favorite fraud cases. We also cover current fraud trends in both organizations and personal life, introduce elder fraud protection, and highlight the use of data in audits.   Be sure to connect with Mark on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok.   Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.   Timecodes: 6:05 - ChatGPT 10:49 - Fraud Use Cases 19:13 - Fraud Trends 28:50 - Elder Fraud 36:41- A Love Letter to Auditors 41:03 - Using Data for an Effective Audit 50:41 - Final Thoughts * This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics. * AuditBoard's integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, risk management, and security compliance. Automate processes and improve execution with AuditBoard's purpose-built solution, which is designed to address the most pressing challenges of today's practitioners. Experience the latest in Audit, Risk, and Compliance technology. Visit AuditBoard.com to schedule your product walkthrough to see AuditBoard's award-winning platform in action today * Want to start audit analytics but have limited time and technical skills? Need to get quick wins and demonstrate value fast? Supervizor is an audit analytics platform providing 350+ ready-to-use checks directly applicable to any financial system and industry, enabling internal audit teams to continuously monitor for risk and get the value of an audit analytics program in less than a week. Book a demo or visit Supervizor website.  

This Day in Maine for Thursday, September 5, 2024.

On today's episode, Lawfare Contributing Editor Justin Sherman speaks with Arun G. Rao, the Deputy Assistant Attorney General for the Civil Division's Consumer Protection Branch at the Department of Justice. They discuss DOJ's consumer protection work, cyber crime and elder fraud, data privacy, and generative AI. You can find out more about Rao's work at DOJ below: DOJ-Cerebral case DOJ Elder Justice InitiativeNational Elder Fraud Hotline To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/c/trumptrials.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

Episode 548: As elder fraud reaches alarming levels, find out how to protect yourself and your loved ones from financial predators.  Matthew and Zach also share seven financial steps to help you navigate the loss of a spouse.

An article in CNN began this podcast and connected story. What we found out about elder fraud kinda blew our mind. Like the fact that in the U.S. it is three times bigger in scope and cost than ransomware. And who are the most vulnerable was a real surprise. --- Send in a voice message: https://podcasters.spotify.com/pod/show/crucialtech/message Support this podcast: https://podcasters.spotify.com/pod/show/crucialtech/support

Scammers and fraudsters seem to keep finding new ways to fleece people of their savings. And older people are particular targets. We get some tips for keeping your money safe. 

May 10, 2024 ~ University of New Haven Senior Lecturer Kenneth Gray reveals how organized crime syndicates are using cutting-edge tech to prey on older Americans, swindling billions annually. Listen as Kenneth unmasks the crooks and unravels their intricate web of deceit, revealing for you vital tips that could safeguard your loved ones.

God's Gift of Parenting, Not Worthy and FOMO for Family. Biden gets an “F” on the economy. Retirement Delusions. Elder Fraud! Financial Parasites. Real Estate Sharks Getting Desperate Buffett: Your taxes are going up! Unsustainable Job Growth. Where Did All the Public Companies Go? Stupid EV Trucks! Return of Government Motors?? Omnipotent Government Employees. Boeing has become a bad movie. Sisyphus, the Watchdog and Trump Media. Free Netflix??? Gen Z Debt Hole. Humiliation Porn vs. Merit and Policy. Planet of the Apes and our Foreign Policy. Forever Wars. Lessons from the Met GalaColumbia takes pathetic to new lows. Underwater Car Loans?? Beware of Conservative Ghosts!!! Dead Dogs and North Korea

Hello, and welcome to episode 106 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. This week has been yet another busy week for financial crime – the busiest ever – at least I'm no longer ill. Sanctions news brings US action against China for its aid to Russia, and some enforcement action against a sanctions-evader and a member of a sanctioned organisation. In the UK, sanctions designations against senior political figures in Uganda, and updates to a range of sanctions guides. On anti-corruption, the 25th anniversary of GRECO is marked, and the NCA in the UK is judged on the effectiveness of its anti-corruption action. On money laundering, MONEYVAL updates on several European countries' AML/CFT frameworks, and stories from China and Venezuela. The significant fraud news comes in the form of news from Australia on the scale of losses to scams, and the FBI publishes a report on Elder Fraud in the US. There is also a round-up of this week's cyber news. Let's crack on. As usual, I have linked the main stories flagged in the podcast in the description. These are: Attorney-General's Department (Australia), Progressing reforms to Australia's anti-money laundering and counter-terrorism financing laws.Attorney-General's Office (UK), Attorney General's Code of Practice issued under Section 377A of the Proceeds of Crime Act 2002.Australia Competition and Consumer Commission, Scam losses decline, but more work to do as Australians lose $2.7 billion.Department for Science, Innovation and Technology, New laws to protect consumers from cyber criminals come into force in the UK.Europol, Operation Pandora shuts down 12 phone fraud call centres.Eversheds Sutherland, National Security Act of 2024 extends statute of limitations for sanctions violations to 10 years.FBI, Elder fraud reports to FBI's Internet Crime Complaint Center rose by 14% in 2023.Hansard, National Crime Agency: Dealing with Corruption (Volume 749: debated on Tuesday 30 April 2024).His Majesty's inspectorate of constabulary and fire and rescue services, Vetting and anti-corruption part 2: How effective is the National Crime Agency at dealing with corruption?Joint Money Laundering Steering Group, Consultation – Part II Sector 18 (Wholesale markets).Joint Money Laundering Steering Group, Consultation April 2024 – Part II Sector 18 (Wholesale markets).MONEYVAL, Poland improved its AML/CFT guidance and feedback for reporting institutions.MONEYVAL, Cyprus improved AML/CFT measures with respect to virtual asset service providers and virtual asset related activities.MONEYVAL, Croatia strengthened its preventive framework to combat money laundering.MONEYVAL, Anti-money laundering and terrorist financing: Lithuania has improved coordination and co-operation, according to new report.National Crime Agency, Gold and art worth millions and linked to crime is forfeited.National Cyber Security Centre, Business email compromise: defending your organisation Guidance.National Cyber Security Centre, CYBERUK Digital Loft: The Future of Cyber Security for Small Organisations (Sign-Up).Pymnts, Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering.UK Foreign, Commonwealth and Development Office, UK sanctions corrupt politicians in Uganda who stole from vulnerable communities (press release).UK Home Office, New powers to seize cryptoassets used by criminals go live.UK Home Office, 004/2024: Economic Crime and Corporate Transparency Act – cryptoasset confiscation order provisions.UK Home Office, 005/2024: Economic Crime and Corporate Transparency Act – cryptoasset forfeiture provisions chapters 3C to 3F.UK Home Office, Certain information orders: code of practice.UK Home Office, Investigations: code of practice issued under section 377.UK Home Office, Recovery of cryptoassets: code of practice issued under section 303Z25.UK Home Office, Search, seizure and detention of property (England and Wales).UK Office of Financial Sanctions Implementation, Financial Sanctions Notice: Global Anti-Corruption.UK Office of Financial Sanctions Implementation, Financial Sanctions Notice: ISIL (Da'esh) and Al-Qaida.UK Office of Financial Sanctions Implementation, General Licence: Israel and the Occupied Palestinian Territories Humanitarian Activity: INT/2023/3749168.UK Office of Financial Sanctions Implementation, Financial sanctions enforcement and monetary penalties guidance.UK Office of Financial Sanctions Implementation, Financial sanctions guidance for Russia.UK Office of Financial Sanctions Implementation, UK Financial Sanctions FAQs.UK Parliament, Social and psychological implications of fraud (press release).UK Parliament, Report: Social and psychological implications of fraud.US Congress, National Security Act 2024.US Department of Justice, Brooklyn Resident Pleads Guilty to Conspiracy to Unlawfully Export Dual-Use Electronics Used in Russian Military Drones.US Department of Justice, Regional Leader of Sanctioned Russian Organization Pleads Guilty to Lying to FBI.US Department of Justice, Binance and CEO Plead Guilty to Federal Charges in $4B Resolution.US Department of State, Imposing New Measures on Russia for its Full-Scale War and Use of Chemical Weapons Against Ukraine.US Department of State, Recognizing the 25th Anniversary of the Council of Europe's Group of States Against Corruption.US Department of the Treasury, U.S. Continues to Degrade Russia's Military-Industrial Base and Target Third-Country Support with Nearly 300 New Sanctions.US Department of the Treasury, Remarks by Under Secretary Brian Nelson at ACI's Annual Flagship Conference on Economic Sanctions Enforcement and Compliance.US Office of Foreign Assets Control, Russia-related Designations Removals.US Office of Foreign Assets Control, Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor.Wolfsberg Group, Wolfsberg Group Response to FATF public consultation on R.16/INR.16.World Economic Forum, Cryptocurrency regulations are changing across the globe. Here's what you need to know.

A new report out this week says elder fraud reports to FBI's Internet Crime Complaint Center rose by 14 percent in 2023. Fred Scholl talked about elder fraud. He is an associate teaching professor and director of the graduate cybersecurity program at Quinnipiac University. Plus, he weighed in on the discovery made regarding United Health NOT using multifactor authentication to avoid a recent nationwide cyberattack. For full elder fraud report: Elder Fraud, in Focus — FBI Image Credit: Getty Images

April 30 | Peter Lichtenberg from Wayne State University joins Mitch and the Crew to Speak on Elder Scams in the US and how they can protect themselves and how trusted loved ones can assist.

In 2022, Financial fraud exploded into a $9 billion per year criminal enterprise and the psychological tactics being used to groom trusting elders are disturbing. Even worse is how our society tends to blame the victims, leaving them silenced by shame and embarrassment instead of showing empathy. While financial fraud affects people of all ages, elders typically lose far greater life-altering amounts when targeted by scams.   My guest today is a true advocate working on the front lines to support those affected and push for real change. Kathy Stokes is the director of AARP's fraud prevention programs and she joined me at FinCon 23 to have a frank discussion about the elder fraud epidemic in America. She explains the importance of awareness and knowledge around financial scams and why we desperately need greater empathy and advocacy to combat these predatory schemes.   Join us as we shine a light on this crisis and explore how even small acts of empathy and advocacy can help safeguard the wellbeing of those we cherish.   Resources mentioned: AARP Fraud Watch Network - https://www.aarp.org/FraudWatchNetwork AARP Fraud Watch Network Helpline - 877-908-3360 Transform your money story - https://go2.money/book-deal More on this episode - https://go2.money/scams  

The Federal Bureau of Investigation's internet portal receives thousands of complaints each day from people who are victims of crimes, and many are senior citizens. Total losses reported by elderly victims increased 84% last year over 2021.

In this episode, Nathan and Michael discuss a few recent cases they have learned about. Learn more about how waiting for retirement may benefit you, how to protect yourself and your family from elder fraud, and new legislature regarding assisted suicide in this all-inclusive episode.

Previously, we featured an interview with Rosa Valdez, a 77 year old Santa Barbara resident who was scammed in broad daylight. She was abducted and had $65,000 stolen from her. Today, we hear more about the issue of elder fraud. KCSB's Jennifer Yoshikoshi speaks to Ciaran McEvoy, a spokesman for the United States Attorney's Office in Los Angeles.

Online scams targeting elders and others are the unfortunate byproduct of our increasing reliance on the internet for shopping and efficiently moving funds with the click of a few buttons. Internet-based platforms are also an efficient means for criminals to identify and prey upon victims. Felix Salazar is an investigator with the San Diego County District Attorney's Office and his efforts to build cases against online scam artists are quickly becoming the cheat-sheet for law enforcement and prosecutors to successfully convict these elusive criminals.

According to the Attorney General 73,000 elders are victims of elder abuse. WWJ's Murray Feldman explains what signs to look for.

On today's program, when the economy falters, we often see financial fraud emerge.  Today we have a couple of stories about financial fraud, and some advice about what you can do to prevent elder fraud.  Also on today's program:  An Anglican bishop is returning from a voluntary leave of absence in the aftermath of a sex abuse and spiritual abuse scandal, and not everyone is happy about his return. We begin today with the resolution of a two-year long dispute.  On Monday (October 24), a Scottish court ruled in favor of the Billy Graham Evangelistic Association (BGEA) in a lawsuit against Scottish Event Campus Limited, which canceled an evangelistic event at the Hydro Arena in Glasgow featuring Franklin Graham in 2020 on the grounds of Graham's stated beliefs about human sexuality and Islam. The producers for today's program are Rich Roszel and Jeff McIntosh.  We get database and other technical support from Cathy Goddard, Stephen DuBarry, Emily Kern, Rod Pitzer, and Casey Sudduth. Writers who contributed to today's program include Rod Pitzer, Yonat Shimron, Anne Stych, Shannon Cuthrell, Bob Smietana, Jessica Eturralde, Kim Roberts, and Dale Chamberlain. Special thanks to Church Leaders dot com for providing material for this week's podcast. Until next time, may God bless you.

It's Tuesday, October 11th, A.D. 2022. This is The Worldview in 5 Minutes heard at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Analysis of ministries to the persecuted church According to The Worldview's analysis of the Evangelical Council for Financial Accountability's numbers, Western Christian care agencies for the persecuted church provided 27% more assistance to the suffering body of Christ in 2021 than 2020.   The five largest persecution aid ministries spent a total of $121 million in 2021, up from $96 million in 2020.  Our analysis found Persecution Project, Barnabas Aid, and Open Doors ministries had the lowest ratio of administration and publicity to total expenditures ratio (over three years). Their efficiency with charitable funds ran 9.3%, 10.8%, and 9.7% respectively. Voice of the Martyrs maintained a ratio of administration costs at a ratio of 15.3%, and International Christian Concern maintained a ratio of 16.8%. Open Doors was retaining more of the income, with a 2021 expenditures-to-income ratio of only 65%. And Barnabas Aid indicated the highest need of funds, with an expenditures-to-income ratio of 108%.   You can reference ecfa.org/Members to do your own analysis before funding these ministries.  Jesus said: “Sell your possessions, and give to the needy. Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail.” (Luke 12:33-34) The financial cost of the hurricanes Although Cornwall Alliance asserts that the incidence of forest fires and hurricanes are not necessarily worse than they have been in other periods of history, property damage does seem to be on the rise. In the providence of God, estimates for damage wrought by Hurricane Ian will total between $41 and $70 billion. The 21st century is shaping up to be hard on the United States. According to our Oceanic and Atmospheric Administration, 2022 will turn out to be the eighth worst hurricane and fire season in recorded history. The fifth worst year was 2020.  The fourth worst year was 2012. The third worst year was 2021. The second worst year was 2005, when Hurricane Katrina hit Louisiana. And the worst natural disaster year was 2017, racking up $366 billion in losses, when American shores were slammed with Hurricane Harvey, Hurricane Irma, and Hurricane Maria.  The total loss of life caused by Hurricane Ian now exceeds 100, making this the deadliest storm hitting America since Hurricane Katrina in 2005, which killed 1,833 people, and Hurricane Agnes in 1972, in which 122 lost their lives. You can help the Hurricane Ian victims here. Samaritan's Purse organized 1,000 people for Operation Clean-up Samaritan's Purse has organized a clean-up operation for Southwestern Florida, reports The Christian Post.  As of Monday, 1,000 volunteers are on the ground. Franklin Graham introduced the campaign, stating that, “Everything we do, we want to do it in the name of Jesus Christ. I want people to know that God loves them. He hasn't forgotten them.”  U.S. stocks crater The U.S. stocks continue to crater. The NASDAQ lost 14% over the last month, and another 6% over the last four days. Since January of this year, the NASDAQ is down 34%, Bitcoin is down 60%, and gold is down 7%. Russian missiles fired on Ukraine The Ukraine war shows no signs of abating. Death rained from the sky as Russian missiles hit cities across Ukraine on Monday, right into the heart of Kyiv, the nation's capital. Russian President Vladimir Putin said the strikes were a consequence for the Ukrainian strike on a Russian bridge over the weekend. The U.S. has poised itself as a significant player in the Russian-Ukrainian conflict, as the President approved another $12.3 billion of military aid to the conflict a week ago. This is in addition to $15.2 billion appropriated so far this year.  The European Union has provided about $2.5 billion to the Ukraine war. The EU and U.S. contributions to the war is about twice the Ukrainian military budget.  Communist Cuba greenlights homosexual faux marriage Communist Cuba has voted to legitimize homosexual faux marriage.   Two-thirds of the nation showed up at the polls to approve a government-endorsed policy to allow surrogate pregnancies and unnatural sexual relationships.   This comes exactly 100 years after the Bolsheviks were the first in the modern world to approve of homosexuality, with a revision of the criminal code in 1922. Skyrocketing elder fraud And finally, elder fraud is on the rise.   The FBI reports a four-fold increase over 2017. Now, our elderly are scammed out of $1.7 billion per year. The most common scams are government impersonation (including IRS and Social Security scams), sweepstakes scams, robocalls featuring the question, “Can you hear me?, and the Grandparent scam, in which the voice begins with “Hi, Grandma, do you know who this is?” It usually involves a plea for overdue rent, car repairs, or jail bonds. God's Word reminds us this day: 'You shall rise before the gray-headed and honor the presence of an old man, and fear your God: I am the Lord.” (Leviticus 19:32) Close And that's The Worldview in 5 Minutes on this Tuesday, October 11th, in the year of our Lord 2022. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ. Print story The Faith of Elvis Elvis Presley's stepbrother, Billy Stanley, has just released a memoir, entitled “The Faith of Elvis: The Story only a Brother Can Tell.”   The author told The Christian Post that he is convinced Elvis was a Christian. “He constantly read the Bible. This guy read it every day of his life. He was always in the Bible.” Billy recalls the last conversation he had with Elvis two days before he died on August 14th, 1977. Elvis asked Billy if he believed that "God forgives you for all your sins?” Billy responded, “Yes he did.” Presley replied, "Good, I just wanted to hear you say that." Elvis Presley's life has been well documented for various scandals relating to drugs and breaking the seventh commandment, “You shall not commit adultery,” in Exodus 20:14. God is the Judge, and the Redeemer of His people.

Do your kids or grandkids use TikTok? Don't let them near your chicken — they might try to marinate it with NyQuil! Plus, you can now ask Google to remove your personal data. Also, new Windows 11 features, scary elder fraud report, how to sell stuff online, Lockdown Mode for iPhones and iPads and things in your home that may be worth more than you think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do your kids or grandkids use TikTok? Don't let them near your chicken — they might try to marinate it with NyQuil! Plus, you can now ask Google to remove your personal data. Also, new Windows 11 features, scary elder fraud report, how to sell stuff online, Lockdown Mode for iPhones and iPads and things in your home that may be worth more than you think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do your kids or grandkids use TikTok? Don't let them near your chicken — they might try to marinate it with NyQuil! Plus, you can now ask Google to remove your personal data. Also, new Windows 11 features, scary elder fraud report, how to sell stuff online, Lockdown Mode for iPhones and iPads and things in your home that may be worth more than you think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do your kids or grandkids use TikTok? Don't let them near your chicken — they might try to marinate it with NyQuil! Plus, you can now ask Google to remove your personal data. Also, new Windows 11 features, scary elder fraud report, how to sell stuff online, Lockdown Mode for iPhones and iPads and things in your home that may be worth more than you think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Elderly populations are more likely to report financial losses from fraud. That's why Nebraska's AARP invited the FTC's Todd Kossow to discuss scam prevention Wednesday on a teleconference for Nebraska seniors.

Elderly populations are more likely to report financial losses from fraud. That's why Nebraska's AARP invited the FTC's Todd Kossow to discuss scam prevention Wednesday on a teleconference for Nebraska seniors.

On today's program, we discuss financial abuse of the elderly.  Some charity scams target old people, but there are things you can do to protect yourself and your family.  A new law will require Christian ministries to file their Form 990s electronically.  I'll explain why that's a good thing, but it won't solve the problems at the IRS.  We begin today with new developments in the case of the AME Church's Retirement Funds. There's a new way to give to MinistryWatch.  You can now give via text.  I've got to admit that this is not my preferred way of giving, but I'm kind of old school.  If this is your preferred way of giving, just text @ministrywatch to 52014.  Again, that's @ministrywatch to 52014.  I tried it myself, and it was pretty easy. So if I can do it, anyone can. Also: If you have a story you'd like us to cover, or a ministry that you think needs a closer look, please email us.  Our email is info@ministrywatch.com.  That will come directly to my desk, and we'll take it from there. A reminder that you can help the program by leaving us a rating on your podcast app.  The  more ratings we get, the easier it is for others to find us.  It's a quick, easy, and free way you can support MinistryWatch. The producers for today's program are Rich Roszel and Ben Warwick We get database and other technical support from Cathy Goddard, Stephen DuBarry, Emily Kern, Rod Pitzer, and Casey Sudduth.  Writers who contributed to today's program include Anne Stych, Kim Roberts, Bob Smietana, and Christina Darnell. A special thanks to The NonProfit Times for contributing material for this week's program. Until next time, may God bless you.  

On today's program, we discuss financial abuse of the elderly.  Some charity scams target old people, but there are things you can do to protect yourself and your family.  A new law will require Christian ministries to file their Form 990s electronically.  I'll explain why that's a good thing, but it won't solve the problems at the IRS.  We begin today with new developments in the case of the AME Church's Retirement Funds. There's a new way to give to MinistryWatch.  You can now give via text.  I've got to admit that this is not my preferred way of giving, but I'm kind of old school.  If this is your preferred way of giving, just text @ministrywatch to 52014.  Again, that's @ministrywatch to 52014.  I tried it myself, and it was pretty easy. So if I can do it, anyone can. Also: If you have a story you'd like us to cover, or a ministry that you think needs a closer look, please email us.  Our email is info@155.138.219.249.  That will come directly to my desk, and we'll take it from there. A reminder that you can help the program by leaving us a rating on your podcast app.  The  more ratings we get, the easier it is for others to find us.  It's a quick, easy, and free way you can support MinistryWatch. The producers for today's program are Rich Roszel and Ben Warwick We get database and other technical support from Cathy Goddard, Stephen DuBarry, Emily Kern, Rod Pitzer, and Casey Sudduth.  Writers who contributed to today's program include Anne Stych, Kim Roberts, Bob Smietana, and Christina Darnell. A special thanks to The NonProfit Times for contributing material for this week's program. Until next time, may God bless you.  

Learn about the most popular elder fraud scams and what to look out for.  See omnystudio.com/listener for privacy information.

Mike and Mark welcome April Devalkenaere, Wisconsin Chapter President (IAFCI) and  Paralegal for the White Collar Crime Unit at the Waukesha WI District Attorney's Office to the podcast.  April discusses the epidemic of elder exploitation in America and the fact that 90 percent of the perpetrators are known by or close to the victim.  April will provide valuable red flags that may indicate that your loved one is being targeted for exploitation or scams.  If you are a senior or have a senior in your family, you will not want to miss this episode. ABOUT OUR GUEST Advocate April DeValkenaere, SBWCP, CFCIFounder of Fortress Financial Education LLC, with 25 years of financial experience. I enjoy educating people on how to protect themselves and their loved ones. I have a bachelor's degree in Computer Technology, Sociology and Criminal Justice. I am certified as a paralegal through the State Bar of Wisconsin (SBWCP) and as a Certified Financial Crimes Investigator (CFCI) through the International Association of Financial Crimes Investigators (IAFCI). Resources:https://protectyourfortress.com/ https://www.justice.gov/elderjustice

In this episode, you'll hear about: The effects of Covid-19 on the advisory business.What the future looks like for the industry.The Texas Ponzi scheme that stole $32 million from older people.Elder fraud and what advisers should know about it.Related Article:  It's time to radically rethink your ‘client experience'Related Article: Ex-Texas adviser gets 3 life sentences for $32 million PonziThis episode sponsored by Allworth Financial's State of the Industry PodcastOne of the five fastest growing RIAs in America, Allworth is seeking new partners to grow with us. Listen to Allworth's industry podcast here.Guest Bios: Lori Varnell is the chief of the Tarrant County Criminal District Attorney's Elder Financial Fraud team in Texas.

This week on the Retirement Quick Tips Podcast, I'm talking about the 5 ways to ruin your retirement...and all have nothing to do with the economy, the stock market, social security, inflation, or interest rates.  Today, I'm talking about how elder fraud can ruin your retirement. If you've ever been a victim of identity theft, had your bank accounts compromised, or even your email or FAcebook account hacked, you know how painful and frustrating it can be to fix the problem.  Elder fraud is becoming more and more common, and costs older Americans more than $3 billion annually. And that's likely just the tip of the iceberg...many older Americans may not even be aware that they were scammed, or if they are, they are afraid to report it, since it may cause them to lose their independence and the management of their financial affairs. Older people tend to be polite and trusting, and less aware of the ever-changing schemes of the scammers.  It's hard to keep up with the ever-adapting schemes of fraudsters, but one of the most important protections is a healthy level of skepticism about anything unsolicited. Whether that be a phone call, someone at your door, an email - clicking links or opening attachments in emails are often the gateway for hackers. Understanding and appreciating how easy it is for fraudsters to scam you will help you be on guard and less likely to click on the link or respond to the email about the sweepstakes you supposedly just won.  That's it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.  ---------- >>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/  ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

Elder fraud comes in many forms. The numbers are astounding. AARP reports 5 million elderly Americans have money stolen each year. Average amount: $120,000. They can't recover from that kind of loss. How we all can do a better job of communicating with and protecting aging family & friends. // Flying electric taxis for regional transportation are being adopted in São Paulo, Brazil. These helio-plane hybrids are an affordable, quiet, efficient solution. Air taxis! How soon will we see such progress? - A Clark Prediction. Ask Clark topics include: Extended Car Warranties / Term Life Insurance / National Foundation for Credit Counseling / The 3 Best Ways to Consolidate Credit Card Debt – And 2 Ways to Avoid It Want more money advice? Sign up for Clark's free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Ep:050 Cybercriminals and fraudsters will always attempt to go after the most vulnerable targets, and not enough is being done to protect and educate the elderly who are among those most regularly targeted by online scams. Much is discussed about protecting the workforce online, but as the web-using population ages, there's an increasing number of older web users who are using the internet without an in-house security team to help them navigate the dangers posed by scammers.  Criminals have always targeted the elderly and away from the protections of an organization with firewalls, anti-virus protection, and other security measures, older users – especially those identified as wealthy – are viewed as easy targets for cyber attackers. Be it phishing emails, fake invoices, or phony tech support calls, scammers are attempting schemes against people who, in some cases, are the most vulnerable targets. But as the population grows older – and more and more services switch to being predominantly digital and online – the issue of cyberattacks targeting the elderly is only going to become a bigger, more damaging issue if something doesn't change first. That's the premise of today's show! Our next guest graduated from Harvard University and studied Advanced Computer Security at Stanford. He is the founder and CEO of Achilleion, a cybersecurity startup based in Los Angeles. He is a software developer, cybersecurity, and compliance expert, serial entrepreneur. He serves as a technical advisor to several companies in the healthcare, consumer technology, real estate, and financial sectors. He served as CEO of Rizm/Equametrics, which developed revolutionary algorithmic trading technology. Rizm raised $5.1M and was acquired in 2015. He also has extensive experience building web-based and mobile applications in multiple languages and frameworks. Please welcome Amir Tarighat to the Retirement Success in Maine Podcast! Chapters: Welcome, Amir! [3:16] What is Elder Fraud and Cybersecurity? What are common schemes? [11:05] How can people protect themselves from these schemes? What should someone do if they fall victim to one of them? [18:13] How should people balance the implementation of technology in our lives with the cost of privacy loss? [27:24] In a world of cryptocurrency, how can someone protect their digital financial assets? [42:07] What is Amir's definition of Retirement Success? [45:13] Ben and Curtis wrap up the episode. [46:52]

Elder Law encompasses a wide range of legal issues and disciplines, from estate planning, government benefits, incapacity planning, asset protection, and caregiving options. Our goal at the Law Offices of Gail M. Fisher is to help guide seniors and the people who love them through the countless legal and financial challenges that accompany growing older. To help take the confusion out of planning and to debunk the myths associated with Elder Law. We provide sound legal and compassionate counsel to address your concerns. Elder fraud prevention --- Support this podcast: https://anchor.fm/philip-bell/support

The FBI Internet Crime Complaint Center (IC3) released their annual Elder Fraud Report. This episode goes through the data and talks about why the over-60 age group is so susceptible to online scammers. Download the report - https://www.ic3.gov/Media/PDF/AnnualReport/2020_IC3ElderFraudReport.pdf Be aware, be safe. Get ExpressVPN, Secure Your Privacy And Support The Show Become A Patron! Patreon Page *** Support the podcast with a cup of coffee *** - Ko-Fi Security In Five —————— Where you can find Security In Five —————— Security In Five Reddit Channel r/SecurityInFive Binary Blogger Website Security In Five Website Security In Five Podcast Page - Podcast RSS Twitter @securityinfive iTunes, YouTube, TuneIn, iHeartRadio,

In this episode, host Bidemi Ologunde provides an update from the FBI on "Elder Fraud" in South Carolina, details of a new report about the prevalence of cyberstalking in modern-day relationships, and the case of a cyberstalker who attempted to blackmail a candidate for political office in Nebraska in the United States.Please send questions, comments, and suggestions to bidemi@thebidpicture.com. You can also get in touch on LinkedIn, Twitter, the Clubhouse app (@bid), and the Wisdom app (@bidemi).

COVID's isolation plus reliance on new technology left our senior citizens more vulnerable to fraudsters. But how can we stop these criminals? Josh Jones from Bressler Aimery & Ross gives us tips and information. Special thanks to our sponsor Nota.

COVID's isolation plus reliance on new technology left our senior citizens more vulnerable to fraudsters. But how can we stop these criminals? Josh Jones from Bressler Aimery & Ross gives us tips and information. Special thanks to our sponsor Nota.

COVID's isolation plus reliance on new technology left our senior citizens more vulnerable to fraudsters. But how can we stop these criminals? Josh Jones from Bressler Aimery & Ross gives us tips and information. Special thanks to our sponsor Nota.

In this episode of The On PACE Podcast, we discuss various types of fraud and how you can recognize and protect yourself. Types of FraudRomance ScamTech Support ScamGrandparent ScamGovernment Impersonation Scam Sweepstakes/charity/lottery scamHome Repair ScamTV/Radio ScamFamily/Caretaker/Representative Payee for use or care of adultIdentity has been compromisedOnline/Email/EtcP2P contactPhishing ScamsCyberattacks (Ransomware, Maleware, Trojan, etc.)EmailsAge Groups affected and the number of cases and dollars lost by fraudProtect Yourself Recognize scam attempts and end all communication with the perpetrator.Search online for the contact information (name, email, phone number, addresses) and the proposed offer. Other people have likely posted information online about individuals and businesses trying to run scams.Resist the pressure to act quickly. Scammers create a sense of urgency to produce fear and lure victims into immediate action. Call the police immediately if you feel there is a danger to yourself or a loved one.Be cautious of unsolicited phone calls, mailings, and door-to-door services offers.Never give or send any personally identifiable information, money, jewelry, gift cards, checks, or wire information to unverified people or businesses.Make sure all computer anti-virus and security software and malware protections are up to date. Use reputable anti-virus software and firewalls.Disconnect from the internet and shut down your device if you see a pop-up message or locked screen. Pop-ups are regularly used by perpetrators to spread malicious software. Enable pop-up blockers to avoid accidentally clicking on a pop-up.Be careful what you download. Never open an email attachment from someone you don't know, and be wary of email attachments forwarded to you.Take precautions to protect your identity if a criminal gains access to your device or account. Immediately contact your financial institutions to place protections on your accounts, and monitor your accounts and personal information for suspicious activity.Report it!1. Report it to your bank2. Contact the FBI https://www.fbi.gov/contact-us/field-officesLinks and sources:FTC Explore Fraud Data - excellent resource for CURRENT fraud datahttps://www.ftc.gov/enforcement/data-visualizations/explore-dataFBI Common Scams and Crimeshttps://www.fbi.gov/scams-and-safety/common-scams-and-crimes/elder-fraudFTC Protecting Older Adultshttps://www.ftc.gov/system/files/documents/reports/protecting-older-consumers-2019-2020-report-federal-trade-commission/p144400_protecting_older_adults_report_2020.pdf State of TN ComptrollerFinancial Exploitation of the Elderly in Tennessee (tn.gov)

In this episode, Lori Lucas discusses the rampant problem of elder fraud. How can we best help preserve the life savings of older Americans and prevent victim blaming?  Kathy Stokes talks about some of the most common scams, the complexity of the problem, and how resources like AARP's Fraud Watch Network www.aarp.org/fraudwatchnetwork can help!

In this episode I will be discussing some common Elder Fraud scams and what can be done to avoid being taken advantage of. --- Send in a voice message: https://podcasters.spotify.com/pod/show/sssolutions/message

Mike and Nathan talk about a case where a client signed his house as collateral to help a grandchild get bail, and how they helped the family protect the grandparent from losing their house.

In this episode, Erich and Javvad are joined by their colleague and friend, James McQuiggan, as they discuss Elder Fraud, phishing attacks targeting AOL users,  Cash App phishing kits and bogus Capital Calls among other things. James McQuiggans info: Twitter: @James_McQuiggan LinkedIn: https://www.linkedin.com/in/jmcquiggan/ His book Pick: Transformational Security Awareness: What Neuroscientists, Storytellers, and Marketers Can Teach Us About Driving Secure Behaviors https://www.amazon.com/Transformational-Security-Awareness-Neuroscientists-Storytellers/dp/1119566347/ Stories from the show: Elder Fraud: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/elder-fraud Beware: AOL phishing email states your account will be closed: https://www.bleepingcomputer.com/news/security/beware-aol-phishing-email-states-your-account-will-be-closed/ Cash App phishing kit deployed in the wild, courtesy of 16Shop: https://www.bleepingcomputer.com/news/security/cash-app-phishing-kit-deployed-in-the-wild-courtesy-of-16shop/ Investors are the next target of large-scale cyberattacks: https://www.bleepingcomputer.com/news/security/investors-are-the-next-target-of-large-scale-cyberattacks/  

Erie County District Attorney John Flynn is warning about elder fraud cases after two defendants pleaded guilty Tuesday to defrauding vulnerable people they were supposed to protect.

Grandma...Help! You've heard about those "Grandma Scams", haven't you? It could happen to YOUR FAMILY and we need to Beware and Be Aware. Stand Up & Speak Up with Debby Montgomery Johnson and Debbie Silverman lit the airwaves with tips to tell your parents/grandparents who to trust and who to NOT trust. Elder Fraud happens every minute and it takes a village, or at least a family, to protect and prevent. Don't wait until it happens to someone you love...FRAUD will happen and the banks may not prevent or have your back afterwards. (Former banker speaking here!) Protecting the Rabbit Ears Generation by Debbie Silverman is a MUST READ for everyone. Elder FraudOnline ScamRelationship ScamCaregiversSenior CitizensFamily

Find out more HERE See omnystudio.com/listener for privacy information.

Former Westchester County District Attorney, Anthony Scarpino joins Anthony Enea, Esq. to discuss Elder Abuse and Fraud cases in Westchester County and beyond.

A broker-deal firm’s anti-money laundering efforts may overlap with any number of other regulatory concerns. On the last episode, we looked at the intersection of a firm’s AML and cybersecurity risks. On this episode, the second in a two-part series, we’re looking at how AML may overlap with a firm’s efforts to protect senior investors from exploitation and fraud.Joining us on this episode are Jason Foye, a director with FINRA's Anti-Money Laundering Investigative Unit, and Brooke Hickman, a director with FINRA's Vulnerable Adults and Seniors Team (VAST), both with FINRA’s National Cause and Financial Crimes Detection Program. Resources mentioned in this episode:FinCEN February 2011 Advisory on Filing SARs Regarding Elder Financial ExploitationSARs on Elder Financial Exploitations: Issues and Trends, CFPBDOJ’s Elder Justice InitiativeFINRA Resources on Senior InvestorsFINRA Securities Helpline for SeniorsFINRA Foundation – Aging and Financial Decision Making FINRA Investor AlertsVirtual Conference Panel: Social Distancing and the Impact on Older InvestorsVirtual Conference Panel: Financial Crimes, Trends and Responses In the Midst of the PandemicEpisode 33: Money Laundering in the Securities IndustryEpisode 34: AML Priorities and Best Practices Episode 71: Anti-Money Laundering and Cyber Security 

You can't talk about investor protection without talking about senior investors, according to Chris Kelly, deputy head of FINRA Enforcement and head of Main Enforcement and Sales Practice Enforcement. In recent years, there has been a substantial increase in the number of cases involving the exploitation of senior investors and the results are often devastating, especially for seniors who may be out of the workforce and living on a fixed income. That’s why protecting senior investors is a priority for FINRA Enforcement. On this episode, Kelly shares how FINRA is working to protect this segment of the population and what firms can do to work with FINRA in this important effort.Resources mentioned in this episode:Episode 57: Securities Helpline for Seniors: Celebrating 5 Years Episode 59: Protecting Investors and Markets in Good Times and BadRegulatory Notice 19-36Under the Radar: New York State Elder Abuse Prevalence StudyCFPB: Suspicious Activity Reports on Elder Financial Exploitation

With about 10,000 Americans reaching 65 years old every day, FINRA is committed to the protection of senior investors and other vulnerable adults. That’s why FINRA launched the Securities Helpline for Seniors. Senior Helpline’s managers Brooke Hickman and Rob Mascio explain how the Helpline has developed not just as a resource for seniors, but as a resource for broker-dealers as well. On this episode, we celebrate the five-year anniversary of the Senior Helpline’s launch with a look at how the Helpline has helped senior investors, notable trends and themes and how the Helpline has evolved over the last five years. Resources mentioned in this episode:Protecting Senior InvestorsRegulatory Notice 19-36Toll-Free Number: 844-57-HELPS or 844-574-3577

Elder fraud and abuse happens and is under-reported.  What can be done to help?  This podcast has two focuses first, learn about  the signs of abuse and strategies to avoid fraud and abuse.  Second, learn about the concept and practice of Elder Shelter.  Our guest is Colorado Springs Police Detective Chuck Szatkowski who is a member of the Colorado Springs Elder Abuse Coalition and the national Spring Alliance focused on creating elder shelter support.  Detective Chuck describes what mistreatment looks like so we can better know if a person is a victim and how to report it.  Detective Chuck also talks about the concept and services of Elder Shelter.  Colorado Springs has one of the best support systems in the nation to provide elder shelter to adults who have been victims of fraud and abuse.  This model is based on collaborations across organizations and for profit entities and is a member of Spring Alliance, a network of regional elder abuse shelters and similar service models. Aging with Altitude is recorded in the Pikes Peak region with a focus on topics of aging interest across the country.  We talk about both the everyday and novel needs and approaches to age with altitude whether you're in Ft. Lauderdale, Florida or Leadville, Colorado.  The Pikes Peak Area Agency on Aging is the producer.  Learn more at Pikes Peak Area Agency on Aging. Transcript: Elder fraud and abuse happens and is under-reported.  What can be done to help?  This podcast has two focuses first, learn about the signs of abuse and strategies to avoid fraud and abuse.  Second, learn about the concept and practice of Elder Shelter.  Our guest is Colorado Springs Police Detective Chuck Szatkowski who is a member of the Colorado Springs Elder Abuse Coalition and the national Spring Alliance focused on creating elder shelter support.  Detective Chuck describes what mistreatment looks like so we can better know if a person is a victim and how to report it.  Detective Chuck also talks about the concept and services of Elder Shelter.  Colorado Springs has one of the best support systems in the nation to provide elder shelter to adults who have been victims of fraud and abuse.  This model is based on collaborations across organizations and for-profit entities and is a member of Spring Alliance, a network of regional elder abuse shelters and similar service models.    Cynthia Margiata with Detective Chuck Szatkowski, Springs Alliance and Elder Shelter  Q – What is elder fraud and abuse?  A – Mistreatment is Physical Abuse, Sexual Abuse, Caretake Neglect and financial exploitation. Nationally only 1 in 19 or 1 in 24 cases are ever reported. One of the national problems is that we have different definitions of what constitutes an at-risk or vulnerable adult and different definitions of what constitutes mistreatment or abuse.  Cynthia – That makes it hard to work together  Chuck – Right, no sort of national standard    Q – What is the Elder Shelter Model?  A – It's a program in El Paso County where we have 9 skilled nursing facilities and 5 assisted living facilities so when we have a victim of mistreatment who requires either skilled or assisted living, when we arrest the perpetrator we have these facilities who have agreed that if the person is appropriate and they have a bed they will take the person in on an emergency basis and the adult protective services will work to expedite Medicaid funding to get the persons stay at the facility taken care of. We just recently joined the Springs alliance with a national association of 25 Elder Shelter programs across the united states. Every model is different based on the community and what we do is we help other communities try to set up elder shelter programs and they can look at the various models to see what works best for them. In El Paso County we are really fortunate that this has all been done on a handshake at this point. Christy Swanson from Sava Senior care has really been the guide to this, the go-getter that has kept this program going. But she has been doing this part time on the side of a full-time job as an administrator.   Cynthia – Is she volunteering her time?  Chuck – Her company has been very supportive. Which we really appreciate, but we are at the point now, last year we served 71, this year we have served 82. The program is large enough that we really need a full-time coordinator so we are looking at grant funding opportunities to have a ft coordinator and it looks like that coordinator will be housed in silver key senior services  Cynthia – Nice. So, you are looking at space for them already  Chuck – We are looking into a space, and a computer database so rather than calling around to see who has a bed. The participating communities can put in their availability – is there bed is it male or female so we can go down the list as we need a bed and find an appropriate placement for a person  Cynthia – Are you taking applications?  Chuck – We have to get the funding first. We are looking at applying in January 2020 for a GOCO grant.   Cynthia – I hope you get it, we need it.    Q – What are some signs of elder fraud or abuse?  A – For the mistreatment part, the physical or sexual abuse, you would look for injuries that aren't consistent with how they are being described, or an increase in emergency room or doctors' visits. These are typically the signs you would see of physical abuse. For caretaker neglect you would see a decline in their physical wellbeing. Maybe they start to be dehydrated, malnourished, or you notice they used to be really clean and wear clothes properly, and now their appearance is changing. Those can all be signs of mistreatment, either physical or caretaker neglect.   Now it's hard sometimes to see the difference between neglect or the disease process. The important thing is to work with law enforcement, and we will work with Adult Protective Services. To determine treatment, it may be just self-neglect, but adult protective services can help connect them with resources in the community. Our goal is least restrictive, we want to keep people in their home for as long as possible    Q – What do we do in EPC that is different than other areas?  A – In El Paso County we really have a long history of collaboration with our community partners. We work closely with Adult Protective Services; The Resource Exchange, which is our community center board which coordinates services for people with intellectual developmental disabilities; and the Area Agency on Aging, especially the Ombudsman Program.  In connection with Adult Protective Services we have a civil criminal investigator, paid for half by the police department and half by the Department of Human Services. She is a retired police officer. She has been to the social workers academy, so she is also social worker. She has access to both databases. The law says we have to notify Adult Protective Services within 24 hours of every report of mistreatment of an at-risk adult. We staff those calls every morning with Adult Protective Services to decide if it's theirs, ours, or of both of ours.  If it's both we coordinate closely with the assigned caseworker. We do share information freely between us. We do joint interviews not only with suspects and witnesses but also with victims. Primarily with victims so we don't retraumatize them and so they don't have to go over the same story over and over and relive the experience. And that's unique, other jurisdictions don't have that close collaboration with community partners  Cynthia – I think that would help someone who is a victim to not have to talk about it many many times  Chuck – That's our goal. We're victim centered. Sometimes it may not be in their best interest to pursue criminal charges, but we make that decision  Cynthia – I like that term victim centered, thank you.    Q – So, are older adults more susceptible to certain kinds of fraud then?  A – There are a number of factors that make a person more susceptible as they get older. Some of that is that they become more dependent on other people as we become more frail. That results in isolation which makes it easier to exploit or mistreat someone and it's not detected. A prior history of trauma, like domestic violence or something like that, also makes a person more susceptible to mistreatment.  Sometimes the economic factors can make it, but we see it occur across all income levels. We have it from the 700 social security check to the million-dollar home. The biggest problem is the isolation as we get older and aren't as mobile and then we get isolated from the community and that creates an opportunity for people to mistreat and exploit us.  Cynthia - I have seen a lot of that on the phone. Where people are calling on the phone and asking for money and lonely people seem to be more susceptible.   Chuck – We seem to think about the phone scams as the mistreatment, but unfortunately 90% of offender oroffenders are spouses or family members.  The stranger crimes the fraud does occur over the telephone. The oldest of the old, the 80s seem to be the more trusting generation where things were done upon a handshake, so they trust when somebody calls them. But the government isn't going to call you to tell you they are going to arrest you or that you owe taxes they aren't going to ask you to go to Walmart to get gift cards to pay a bond because you missed jury duty. The key is if you don't recognize the number don't answer it. If its important they will leave a message. The federal government isn't going to call you about your taxes, your Medicare. The sheriff's office or the police department aren't going to call you about an arrest warrant. The thing is to be cautious; you know the old story about if its too good to be true it is. We get the scams where the secret shopper or you won the lottery. Its illegal to participate in a foreign lottery number one, and how would you have won the lottery if you didn't enter the lottery. A legitimate sweepstakes isn't going to make you pay taxes or anything up front. They will take that out of your winnings.   Cynthia – The one I got the other day was they were going to cancel my social security card  Chuck – I've got over a dozen of those calls about my social security being compromised. The thing is its just a computer randomly dialing numbers. So, you say how do they know I'm older, well it's just the luck of the draw you answer the phone and your older. The thing is if you answer the phone you get on a list that says this is a good phone number because it's just a computer randomly dialing numbers. They sell that list to other scammers. And If you talk to them you go on another list, that I call the sucker list, and they sell that to other scammers too, because now people recognize that you are vulnerable. I remember when my grandfather would talk about during the great depression how the hobos would make a little symbol on the fence or back of a house where someone was willing to give them food and stuff.  And this is similar. This is organized crime that is doing this scam and its organized crime from outside the united states. So, it's very difficult for us to investigate and almost impossible for us to prosecute.   Cynthia – sounds horrible and very difficult for our seniors and sounds like our young people are having this problem too.   Chuck – Yep. Some younger people are falling for it too. The thing is don't answer the phone if you don't know the number, get caller ID    Q – How many cases have you dealt with in this area?  A – In 2017 and 2018 my unit averaged 296 cases a year. My unit handles the physical assaults, the sexual assaults, the caretake neglect. The financial crimes go to the financial crimes' unit. And we don't have the stats on how many of those financial crimes because many of the times they are mislabeled. So, we aren't sure if the victim's elderly or how they are being targeted. So, we average close to 300 reports in my unit that we investigate a year.   Cynthia - That's a lot – painful.     Q - So which ones would you say are the most common ones you deal with?  A – The most common ones are intertwined, there is usually some sort of financial exploitation coupled with caretaker neglect. I have had people tell me they don't want to spend their inheritance to take care of mom and dad. Its not their inheritance until mom or dad are gone. So those are the most common ones we see is the caretaker neglect coupled with the financial exploitation. We do, because we have a large number of skilled nursing facilities and assisted living facilities in this community, and we also have a very good program for our intellectual developmentally disabled citizens. So do get a lot of reports of incidents of what we call resident on resident assaults or participant or participant assault that we have to investigate. But usually does not result in criminal charges because the suspect doesn't have the mental state capable of being charged with a crime knowingly or recklessly. But we do have to investigate those cases and establish whether they have the capability to understand right from wrong    Q - How many convictions have there been?   A – We don't track convictions. When we make an arrest and file that with the DA office its pretty much out of our hands. We need probable cause to arrest the DA needs beyond a reasonable doubt which is a very high standard. We try to build our cases to beyond a reasonable doubt but many a times they will look at it and for various reasons they will decide it's not prosecutable because they wont be able to reach their burden of proof to a jury. That why we don't track our conviction rates.   Cynthia - So is it sometimes also that maybe the victim doesn't want to testify.   Chuck – That's a big problem, its just like in domestic violence, the victims recant they want the mistreatment to stop but they don't want the offender to be punished and go to jail. So recanting is a big issue. We can prosecute those cases without their participation we try to build an evidence-based case like you do in a domestic violence case where you don't have to rely on the victim's testimony. But many times, when you get into the areas of exploitation the consent part is a big issue. Did they consent to this? You know, did they make poor choices and let people use their money the way it shouldn't be and now they are in this position where they can't afford their care.  Cynthia – maybe writing a check to their daughter that is misused not for their care  Chuck – Or undue influence. The daughter may say that if you don't give me this money, you're not going to see your grandkids or I'll put you in a nursing home, that type of thing. Those undue influences do occur. The big challenge to prove in court.     Q - What are some tips you can share to help an older adult prevent themselves from becoming a victim of abuse or fraud?  A - Number one get your advance directives in place now – not only your financial powers of attorney but your medical powers of attorney, your living will. Make sure that people understand what your desires are so that when you get to the point you no longer have the capacity to make that decision. Be sure that when you create a power of attorney you don't your rights to ask for an accounting of what's going on with your funds. Be sure you have that accounting or someone who can ask the accounting because a family member can ask for an accounting too. You want to have some oversight because money does strange things to people. You may think its someone you can trust and then once they get access to the money, they start using it for their own benefit and not yours. As far as the way to avoid defrauds is don't answer the phone if you don't know the number. If somebody calls, don't ask them for the number if they say they are from social security or the local sheriff's office, hang up and find the number yourself and call to verify. Again, we're not going to call you to tell you that your wanted. We are going to show up at your door. You get the grandma scams where they get the calls that this is some grandchild and they've been in a car accident or they've been arrested. My mother got that and first thing she did is hang up and call my brother to see where his son Justin was who was sitting right beside him in Cincinnati, he wasn't in jail in Canada  Cynthia - Good for her  Chuck - Take a few seconds to breath, think it out. Don't jump in and assume they are legitimate  Cynthia - Smart move – your mom is a smart lady    Q - When people are removed from their home with their family members. What happens from there? You mentioned that they might go to an assisted living or a nursing home, but what happens?  A - First off, we don't remove people from their homes. With consenting adults, you know it's not like children, the law gives me the authority as a police officer to remove a child if I think it's in an unsafe environment, I don't have that with an adult. Adults are free to make choices. If there is a situation where they are dependent on their caretaker and we have arrested their caretaker and they need medical assistance, we will offer, and they have to consent, to go to one of our shelter facilities. A person can still deny it. We will work real closely with Adult Protective Services. Again, least restrictive is our goal. If its possible to keep them in their home and bring some in-home care in, then adult protective services will try to set them up. I want to emphasize that we don't have the right to take away somebody's civil rights as an adult. There is a process we have to go to through the probate court and it's a lengthy process to protect people's civil rights.     Q – I found the online reporting form. It's a 4 page form for reporting and I think it's a great form and its very easy. I think I would have an easy time, so if people want to report I want them to see that. So, what's the best number and site for reporting  A – If you are a mandated reporter the law says you have to call law enforcement. But the best number here is 719 444-7000, which is the non-emergency reporting number to the police and fire dispatch. Give the call taker as much detail as you can about what you think is going on; what makes the person at-risk, are they elderly, disability, and as much information as possible about the perpetrator so we can do a check the welfare. But if you think someone is being physically abused or financially exploited, please provide those specific details. At a ‘check the welfare' call an officer will go to the house, knock on the door, many times a victim won't disclose what is going on. If the officer doesn't know to ask about physical abuse or exploitation and they see the person and the person says they are well that is all that is going to happen. We are going to leave and we're not going to get any in-depth investigation, so you need to leave as much detail as possible with the call taker. If its caretaker neglect you can call the Adult Protective Services intake line at 719-444-5755 and make a referral for self-neglect because self-neglect is not criminal so we can go out and check on somebody, but we don't put resources in place. It's important to understand too, that once Adult Protective Services gets involved, if the person has capacity they have to consent to APS help, so we can't force them to change their lifestyle.  Cynthia - Can't make them go  Chuck - No  Cynthia -They can stay with their abuser if they want  Chuck - Or in a dangerous, you know a hoarder situation  Cynthia - And a hoarder likes their stuff.     Q - We have a few more minutes, is there anything we didn't talk about?  A - I think we covered the general topic. The important thing is to watch out. It takes a community. Many elders get isolated, so don't hesitate to reach out if you see changes or you have concerns. Please call Adult Protective Services or please call law enforcement so we can get involved early and see what we can do to help the individual   Cynthia - Thank you so much and thank you for being with me. Thank you Chuck, I tried to practice your last name, multiple times over the weekend, I think my husband thinks I am going crazy. But thank you for being here and part of aging with altitude.  Cynthia - Our podcast is part of how we are trying to share important information with people in our community. 

 20 defendants are being charged in District of Utah cases of elder fraud as part of a nationwide sweep. US Attorney for the District of Utah John Huber joins to discuss the sweep and charges. 

 20 defendants are being charged in District of Utah cases of elder fraud as part of a nationwide sweep. Lee will discuss Former FBI Director Webster Assists Investigation. 

Kiplinger’s Associate Editor Miriam Cross re-joins the show with tips on how to protect your loved ones from falling victim to elder fraud. Ryan and Sandy go over the results of Kiplinger’s market volatility poll and the pair dish on forgotten gift cards and fund naming practices in a new edition of Financial Fact or Fiction. --LINKS-- Strategies for managing your changing risk tolerance: https://www.kiplinger.com/article/investing/T047-C032-S014-5-ways-to-manage-your-changing-risk-tolerance.html; Risk tolerance in the bull market era: https://www.kiplinger.com/article/investing/T038-C032-S014-risk-tolerance-in-the-bull-market-era.html; In volatile markets, focus on what you can control: https://www.kiplinger.com/article/investing/T047-C032-S014-in-volatile-markets-focus-on-what-you-can-control.html; Watch out for Elder Fraud: https://www.kiplinger.com/article/retirement/T048-C000-S002-watch-out-for-the-elder-fraud-web.html; Six scams that prey on the elderly: https://www.kiplinger.com/slideshow/retirement/T048-S002-6-scams-that-prey-on-the-elderly/index.html; Eldercare locator: https://eldercare.acl.gov/Public/Index.aspx; National Center on Elder Abuse: https://ncea.acl.gov/; Offers for National Use Your Gift Card Day 2020: https://www.offers.com/blog/post/national-use-your-gift-card-day/; How to buy the right ETF: https://www.kiplinger.com/article/investing/T022-C028-S001-how-to-buy-the-right-etf.html; When to sell a mutual fund: https://www.kiplinger.com/article/investing/T041-C028-S002-when-to-sell-a-fund.html

In this episode, we talk about elder fraud and a personal story.Links referenced in the podcast:NOLO: Elder Abuse: Financial Scams Against SeniorsFBI: Fraud Against SeniorsAARP: Scam, Fraud Alerts - Protect Your Digital IdentityRecommended podcast to follow: The Perfect Scam (by AARP)FOLLOW SALLY:INSTAGRAM: https://www.instagram.com/sallyinthezenPINTEREST: https://www.pinterest.com/sallyinthezen/MEDIUM: https://medium.com/@sallyinthezenBLOG: https://sallyinthezen.com/If you have any questions or comments or if you would like to hear more of something in future episodes, just leave a comment on the Contacts page on my blog SallyintheZen.com.

Elder fraud is an increasing reality in today’s world. According to the United States Special Committee on Aging, older American’s lose, on average, $3 billion per year to scams. This is an extremely alarming, yet under-reported number, as not every case of fraud and financial exploitation is reported. It is important for people to be aware and recognize warning signs to better protect themselves. Today, Catherine Collinson, president of nonprofit Transamerica Center for Retirement Studies, joins us to talk about elder fraud.

Nearly 15% of Americans—more than 34 million people—are serving as caregivers for adults over 50. In November, recognized as National Family Caregiver Month, the ABA Banking Journal Podcast is taking a look at how banks can support caregivers in their mission while protecting the privacy and safety of the bank customers receiving care. Kieth Cockrell, head of specialty client services at Bank of America, joins the podcast to discuss: Bank of America’s “Trusted Contact” feature, which allows customers to designate an alternative contact person, which was recently rolled out to all retail bank accounts. Frauds and scams that seniors can fall victim to and how trusted contacts have facilitated direct conversations with the victimized customers that stopped the scam. How designating a trusted contact—which doesn’t provide account access the way joint accounts or power of attorney do—can make it easier for have sometimes hard conversations with customers who need financial caregiving. Bank of America’s overall elder fraud prevention and anti-fraud programs and resources, including efforts to prevent wire transfer fraud. Learn more about the ABA Foundation's Safe Banking for Seniors program.

Elder fraud is an increasing reality in today’s world. According to the United States Special Committee on Aging, older American’s lose, on average, $3 billion per year to scams. This is an extremely alarming, yet under-reported number, as not every case of fraud and financial exploitation is reported. It is important for people to be aware and recognize warning signs to better protect themselves.Today, Catherine Collinson, president of nonprofit Transamerica Center for Retirement Studies, joins us to talk about elder fraud.

Broadly defined, financial elder abuse is when someone illegally or improperly uses a vulnerable senior's money or other property. According to an extensive 2012 study by the Government Accountability Office, as many as 1 in 20 adults over the age of 60 have experienced, or are currently experiencing financial abuse or fraud. Financial abuse is, by far, the most common form of elder abuse in the United States. In this episode, Martin and Rebecca discuss what constitutes elder fraud, how can you and your loved ones avoid becoming a victim, and what steps you can take if you or someone you know has already been scammed.

Money Concepts Radio is a financial series brought to you by KDCR and Money Concepts – The Planning FirmTM in Sioux Center, IA.  The following is not to be construed as tax or legal advice.  Host: Thomas De Jong, M.S.  Download the entire series: https://theplanningfirm.egnyte.com/dl/clUXUfDVDL. Download the series transcript: https://theplanningfirm.egnyte.com/dl/QwmcSuqPp0. All securities through Money Concepts Capital Corp.  Member FINRA/SIPC.  Money Concepts Capital Corp. is not affiliated with The Planning Firm.TM  www.ThePlanningFirm.com  |  www.linkedin.com/in/ThePlanningFirm  |  www.facebook.com/ThePlanningFirm  

Elder fraud is big business. The FBI calculates last year's losses at over $700 million and involving two million seniors.That's a lot of pain.The scams are predictable. “Your grandson has been arrested. He's in jail in Memphis.  You need to bail him out. It's dangerous. Send $5000 in gift cards.”There are variations. But the usual drill is that a relative has fallen into trouble and the senior can be the hero.Horrible.But now credit unions are entering this scene.Here to tell us what credit unions are doing is Walt Laskos, senior vice president, strategic communications at the Cooperative Credit Union Association, a multi state league covering Massachusetts, New Hampshire, Rhode Island and Delaware.Leagues - usually - spend the bulk of their time lobbying.But CCUA is putting a lot of energy into fighting elder fraud and helping credit unions to do likewise.It's also very, very good PR for credit unions, says Laskos.  That's not why CCUA does it but the side benefit is real.Listen up as he talks about what CCUA is doing, with whom, and what the community reaction has been.Hint: think very very positiveListen up here.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available.Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

An important, although unplublicized, benefit of fixed income annuities is protection against elder fraud.

An important, although unplublicized, benefit of fixed income annuities is protection against elder fraud. The post Protect Against Elder Fraud with Fixed Income Annuities appeared first on Retirement Income Center.

8: The Senior Helpline: Addressing the Unique Needs of Senior Investors “Can we make a difference? Can this actually work?” Those are the questions FINRA’s Yvette Panetta and her team asked themselves when they launched the Securities Helpline for Seniors. Three years later, the answer to both questions is clearly yes. Since April 2015, FINRA’s Senior Helpline has helped nearly 13,000 senior investors with everything from simple questions, such as “how do I find out more information about my broker,” to serious concerns, including potential broker misconduct and allegations of fraud. Yvette Panetta, Brooke Hickman and Robert Mascio share how they helped develop the Senior Helpline into more than just another call center, but rather into a valuable resource for senior investors and FINRA member firms alike. Resources mentioned in this episode: 844-57-HELPS (844-574-3577) Monday – Friday 9 a.m. – 5 p.m. Eastern Time

Byron Peterson is a resident of Shelton, CT. where he has lived for the past 39 years.  He retired in 2010 after many years in Human Resources management positions with Fortune 500 companies such as Emerson, Warner Lambert and GTE.    He joined the AARP volunteer ranks in the fall of 2012 serving in three AARP CT state appointed positions; he is a member of the AARP Advocacy Leadership Committee where he supports the legislative and advocacy efforts of AARP at the community, state and federal level to help improve the quality of life for older people; volunteer leader of the CT Fraud Watch Network program, and is a current member of the AARP Connecticut Executive Council, an all-volunteer body that helps advise and set priorities for the state office.   Byron holds a B.A. degree from Michigan State University.  He has also received management certifications from Rutgers University, the University Of Michigan Graduate School Of Business Administration and the Management School of MIT.  

Sgt. Mike Parks of the St. Louis County Police Department discusses ways the elderly can safeguard themselves to avoid falling victim to fraud and other types of financial exploitation.  General Assignments Unit (St. Louis County) – To report fraud – 314-615-5380 Senior Medicare Patrol – (to ask about Medicare Fraud or level of care) – […] The post Staying Vigilant Against Elder Fraud [Episode 33] appeared first on Joseph E. Cordell.

On this episode of “Wealth Matters”, Craig Frankel and Millie Baumbusch discuss how to protect your aging parents with special guests Paul Black, Metta Johnson and Jeanne Canavan. Metta Johnson/Metta Johnson & Associates Metta Johnson is Founder and CEO of Metta Johnson & Associates. As an RN, Metta Johnson has served those with chronic and […] The post How To Protect Our Aging Parents appeared first on Business RadioX ®.

Discussion of fraud against the elderly with guests Indiana Secretary of State Connie Lawson, Nancy Stone of Senior Medicare Patrol and attorney Mark Maddox.

A repeat of the January 23 discussion of fraud against the elderly with guests Indiana Secretary of State Connie Lawson, Nancy Stone of Senior Medicare Patrol and attorney Mark Maddox.

Who are those most likely to exploit the financial resources of the elderly, those who are the most vulnerable? And who will be exploited? Is it your mother, father, your sibling or your friend or neighbor? What can you do about it? What are some red flags that family members and others can heed when fraud is suspected? With baby boomers aging, the U.S., elders are quickly becoming a significant portion of the population. Even the 2000 census determined that 12.4 % of the U.S. population, almost 35 million people, were over the age of 65. Expert witness and Forensic Questioned Document Examiner, M. Patricia Fisher along with Licensed Private Investigator and Certified Fraud Examiner Kelly Paxton, both of whom specialize in Elder Fraud, will discuss the rapid growth of elder financial exploitation, key identifiers and key recommendations to protect your loved one's financial assets.

Who are those most likely to exploit the financial resources of the elderly, those who are the most vulnerable? And who will be exploited? Is it your mother, father, your sibling or your friend or neighbor? What can you do about it? What are some red flags that family members and others can heed when fraud is suspected? With baby boomers aging, the U.S., elders are quickly becoming a significant portion of the population. Even the 2000 census determined that 12.4 % of the U.S. population, almost 35 million people, were over the age of 65. Expert witness and Forensic Questioned Document Examiner, M. Patricia Fisher along with Licensed Private Investigator and Certified Fraud Examiner Kelly Paxton, both of whom specialize in Elder Fraud, will discuss the rapid growth of elder financial exploitation, key identifiers and key recommendations to protect your loved one's financial assets.