Prevent Elder Financial Fraud With a Few Safety Tips

Posted on January 3, 2013

Scams can affect anyone, but older citizens throughout the country are particularly at risk of being victims of financial fraud.  A new report out of Los Angeles details some tips from Consumer Reports which can be followed by persons looking to prevent financial elder abuse.  For one thing, an effort should be made to set up automatic bill paying so that one can immediately be put on guard should they be solicited for funds.  A trustworthy loved one should also be chosen to monitor all banking and account information for anything out of the ordinary.  Consumer Reports also suggests getting help from an attorney well-versed in the area of the law that pertains to elder abuse.

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