Senior Fraud Schemes: Top 5 Scams to Avoid!
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5 Most Common Fraud Schemes Affecting Seniors

Criminal activities have emerged as a concern, especially for elderly loved ones. These deceptive schemes take advantage of older adults' trust and often result in significant financial and emotional distress. Senior Helpers Milwaukee sees the importance of sharing knowledge about these deceptions, to recognize them and effectively avoid them.

Medicare/Health Insurance Swindles

The healthcare industry is a common source of senior fraud schemes. In such cases, imposters pretend to be Medicare representatives and coax retirees into revealing their personal, sensitive information. Medicare will never call for sensitive financial information. If you're unsure about some communication, contact Medicare directly for clarification and questions answered.

Counterfeit Prescription Drugs

The internet can be a convenient place to purchase medications, but it's also a breeding ground for fraudulent activity. Counterfeit meds often trap seniors since online 'pharmacies' advertise cheaper, but fake drugs. It's essential to purchase medicine only from reputable sources. If a deal sounds too good to be true, it likely is.

Funeral and Cemetery Rip-Offs

Losing a loved one is a vulnerable time that swindlers exploit. They might read obituaries and contact grieving widows or widowers, claiming the deceased had outstanding debts. Always independently verify any debts before paying. Use reliable contacts to check the legitimacy of claims.

Telemarketing/Phone Cons

Telemarketing or phone deception are perhaps the most commonly encountered scams by seniors. These vary from the infamous grandchild in distress ruse, where scammers pretend to be a grandchild in dire need of money, to fake charity appeals. It's wise to be skeptical of unsolicited calls, especially those that demand immediate action or financial commitment.

Internet Crimes

Fraudulent activity on the internet can take on several forms, from email phishing attacks to phony tech support services, and dubious anti-aging products. Be cautious when clicking on email links or pop-ups, particularly from unknown senders. Always verify the source before divulging personal information or paying.

Contact Senior Helpers for Fraud Prevention Assistance

Awareness is the first step in guarding against senior fraud schemes. Never rush into financial decisions, and if you're in doubt, consult someone you trust. If you live in Milwaukee, Glendale, Brookfield, or Germantown, and have concerns about potential scams, Senior Helpers Milwaukee is here to help. Contact us to learn more about our in-home care services and support. With compassionate caretaking to everyday household assistance, we support the whole person.