Financial Abuse of the Elderly - Part 1
According to the US Department of Justice, fraud generally involves deliberately deceiving the victim with the promise of goods, services, or other benefits that are nonexistent, unnecessary, never intended to be provided, or grossly misrepresented. There are many types of fraudulent activity, but generally, offenders strategically use those that can take place with only a few interactions. Successful frauds share common elements such as, gaining trust, or communicating a concern for the elder's well-being. They encourage their victims to make an immediate decision or commitment to purchase products or services. Dr. Robert W. Parker, MD, Chief of Community Geriatrics at UTHSCSA, will examine effective ways to help loved ones avoid elder financial abuse as well as share a personal story of his family's experience with elder fraud.