Senior Scams: How to Protect the Elderly from Fraud and Financial Exploitation
Scams targeting seniors are a growing concern across Canada and around the world. Older adults are often targeted because of their trusting nature, social isolation, or accumulated savings, making them vulnerable to financial exploitation. This article aims to raise awareness about senior scams, provide strategies for prevention, and guide families and caregivers on recovery if the elderly are scammed. Common Types of Senior Scams Senior scams come in many forms, and it’s important to understand the methods scammers use. Phone...