Older adults are often targeted for fraud because they seem less savvy to scams, are perhaps more vulnerable, and are generally more polite. Elder fraud is thought to be one of the most under-reported crimes, which is probably due to the embarrassment that comes with reporting.
March is Fraud Prevention Month in Canada and time to consider ways we can prevent ourselves and our loved ones from becoming easy victims.
A look in the news quickly turns up a handful of scams and frauds with elderly as the victims. Consider the Toronto elderly woman who told the Toronto Star how she was a victim of fraud at the hands of a personally-hired caregiver who conned her employer into ... Read More