elder financial abuse Archives

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Will Artificial Intelligence Help Or Hurt Our Aging Parents?

Artificial intelligence is advancing so rapidly, it can be hard to speculate about its effects on elders. What we can see is that applied to healthcare, it could be very positive. For older adults with multiple chronic conditions, there are different doctors with different perspectives, each a specialist in one…

Mikol DavisJune 7, 2023

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The Case of the Missing Cash

This really happened. George is 90 and is generally doing well, but he has a few memory problems. His wife, Gloria worries about him keeping track of things. He has a full-time caregiver from a qualified agency. He goes to the gym for an hour every day. The caregiver drives…

Carolyn RosenblattApril 24, 2023

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Son Gets Dad, 85, To Give Up Secrecy About Finances

How did the adult son of a wealthy but secretive 85-year-old father get his dad to finally reveal important information about his assets? It wasn't easy. Many adult children have an elder who thinks he's fine and doesn't need any help. Even if the patriarch or matriarch is fine, there…

Carolyn RosenblattApril 24, 2023

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The Case Of The Evil Caregiver And How She Was Stopped

This is shocking, but it actually happened. I describe a real case, with names changed. The man involved was what we call an “elder orphan”. These are the ones with no kids, never married, or widowed and they do not have anyone paying much attention to them as they age.…

Carolyn RosenblattFebruary 3, 2023

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The Issues With The Justice Department’s Expansion Of Its Elder Fraud Strike Force

The Justice Department recently announced an expansion of its Transnational Elder Fraud Strike Force to fight against financial abuse. We applaud its efforts. However, no matter what the expansion puts into better transnational law enforcement, the heart of the problem and the worst of elder financial exploitation does not come…

Carolyn RosenblattNovember 29, 2022

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Warn Aging Parents About Post-Disaster Scammers

Warn Aging Parents About Post-Disaster Scammers Devastating hurricanes, storms, tornadoes, flooding, and fires, across many parts of the U.S. leave people vulnerable. Aging parents, often far away from family, are especially at risk. When disaster strikes, scammers see opportunity. The waters after Ian haven’t even receded, and ripoff artists are…

Carolyn RosenblattNovember 2, 2022

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How Collecting Data Does Not Stop Financial Abuse Of Aging Parents

Financial abuse of elders is growing. This is not surprising! The Office of Financial Protection For Older Americans documents that banks and other institutions filings of "suspicious activity reports" quadrupled between 2013 and 2017. Elders among us are being victimized by predators of all stripes, starting with family members. According…

Carolyn RosenblattAugust 3, 2022

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Frustration For Families: Law Enforcement Isn’t Pursuing Financial Elder Abusers

Families are frustrated. When someone thinks a person is taking financial advantage of an aging parent, the public message is an urge to report to Adult Protective Services. APS, sometimes called by other names, is a local government entity tasked with investigating complaints about elders. They, in turn can report…

Carolyn RosenblattJuly 27, 2022

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The Aging Parent And The Crooked Realtor: A True-Life Case

Here at AgingParents.com we see lots of problems. Real estate agents and elder-related issues are among them. This is a real case. Edward is 80 years of age, living in a senior’s home where he is able to care for his physical needs independently. But his mind is not as…

Carolyn RosenblattJune 18, 2022

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Elder Alone: Horrible Case of Neglect and Caregiver Abuse

Your aging parents may be okay right now, but how about other relatives? How about that isolated neighbor who lives alone and has no one nearby? This is a shocking real case we encountered at AgingParents.com where we address crises and questions about elders. The names are changed and the…

Carolyn RosenblattNovember 11, 2020

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