No one likes to think of themselves as being vulnerable or unable to look out for themselves. But the reality is that unsuspecting seniors are disproportionately the targets of fraud and scams, although apparently, many may not realize how personally vulnerable they are. In a new report put out by Wells Fargo Advisors, fully 80% of the respondents over age 60 were confident that they would never fall victim to a scam. And their adult children were equally unwilling to acknowledge the potential of senior fraud for their parents. Read more about this survey, and what can be done to address the risks of senior fraud, by Clicking Here.

Perhaps some of the frauds and scams perpetrated on seniors are so successful because their victims are unaware of how easily they can fall prey. For some updates on the most recent scams being reported out there, take a look Here. And sometimes, what can start out as an innocent or caring phone call can turn into a nightmare both for your loved one as well as the larger health care system. For example, there’s now a whole industry of middlemen and care providers who deceptively get seniors to agree to receive hundreds if not thousands of dollars in unwanted medical equipment and bill Medicare for the costs. And if Medicare turns down the charge? Your senior could be on the hook for the costs of these overpriced and unneeded devices. You can read the sad story of one victim Here. There are many Medicare scams out there right now, especially given some confusion about the new Medicare cards being sent out. If you want to know more about protecting yourself or a loved one from these Medicare scams, stay calm and Click Here.