How to Help Elderly People Avoid Scams
21 May 2020
Nearly 5 million people over the age of 65 believe they have been targeted by scammers, just under half of the population in this age group. Worryingly, it’s not just a financial problem, but has devastating mental and physical effects. Being a victim of a scam has detrimental effects on confidence and independence. It can leave the individual feeling ashamed, embarrassed, and frailer than they were before the experience. In fact, the physical and mental effects are so marked that individuals defrauded in their own homes are two and a half times as likely to either die, or go into residential care, within a year of the event.