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This summer, Daniel Goldstein’s 86-year-old mom got an email that looked like it was from her bank. Instead, she lost $600 to a scammer. While everyone wants to protect their parents and ...
April 30, 2024 at 11:06 AM. WASHINGTON (AP) — Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise in losses ...
Some 90% of U.S. adults believe they’re able to spot financial scams–but more than a quarter (27%) report having fallen victim. Today's scammers are nimble and aided by sophisticated tools.
An old man at a nursing home in Norway. Elderly care, or simply eldercare (also known in parts of the English-speaking world as aged care ), serves the needs of old adults. It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care ), hospice care, and home care .
In case 1, Phillip Barry runs a Ponzi scheme in Brooklyn that scams over 800 investors of $40 million, resulting in a 20 year prison term. In case 2, Kevin Carney is running a Ponzi scheme in Chicago by claiming he invented a new stock trading computer program producing high returns. He scams $19 million and is sentenced to 13 years in prison.
“Mentoring older adults about online scams is crucial in today’s digital age to protect them from falling victim to malicious schemes,” said Wayne County Job and Family Services Director ...
The patient is given an additional 100 days if the he/she spends 6 days outside of a facility or is readmitted to a hospital for 3 additional days. The facilities not only fabricated medical documents to show treatment was done to a patient, they also hiked up the prices to equipment and medications that were never consumed or used.
The National Council on Aging recently reported that 92,731 older adults were victims of fraud and scams in 2021, leading to $1.7 billion in total losses. These scams may be especially prevalent...