The White House Conference on Aging (WHCoA), an event that occurs every ten years, will be held this summer in Washington D.C. Over the last five months the WHCoA has been holding a series of regional forums designed to listen and involve older adults and stakeholders in shaping aging policies over the next decade. 343 more words
Tags » Financial Exploitation
MINNEAPOLIS (WCCO) – A Nashwauk man has been charged with stealing over a million dollars from his uncle who was suffering from dementia.
Patrick Vincent Pecchia, 56, has been charged with one count of financial exploitation of a vulnerable adult. 263 more words
by Barbara Parrott McGinity, LMSW
One of the recurring scams I hear about from older adults is the “Microsoft Scam.” How does it work? You receive a phone call telling you “this is Microsoft and we have detected a virus on your computer and we want to help you.” They ask for access to your computer. 436 more words
Financial exploitation costs older Americans billions of dollars nationally. Financial exploitation takes a variety of different forms, including abuse by an authorized agent under a financial power of attorney, abuse by a guardian established under a court-ordered guardianship, fraudulent conveyance of real estate, fraud by home contractors, unauthorized used of credit cards and bank accounts, pressured sales techniques, scams, and exploitative telemarketing and collections practices. 59 more words