Financial fraud, abuse and scams are on the rise and seniors are especially at risk. Learn more about how to protect yourself and those you care about.
The “Managing Someone Else’s Money” guides can help you understand your role as a financial caregiver, also called a fiduciary. Each guide explains your responsibilities as a fiduciary, how to spot financial exploitation, and avoid scams. Each guide also includes …
Be aware! The COVID-19 crisis has provided an opportunity for scammers to prey on the public. Know how to protect yourself and loved ones from these top three scams. Download the PDF
Social Security phone scams are the #1 type of fraud reported to the Federal Trade Commission and Social Security. Recently, these scams have skyrocketed. Scammers prey on emotion – generally fear – to get people to act. Older people are …
Here is a checklist of common phrases that scam artists use, as well as offers they may make to try and swindle you out of your money. Next time you hear or read one of these you can just say, …
As the number of older Americans in our nation grow, so too do the number of cases of financial elder abuse. Financial elder abuse is when seniors are exploited or conned out of their money through deceit. Financial scams are …
Download the Be WISER about Financial Scams infographic.
How can I tell if someone is being financially abused? Detecting financial abuse involves looking for changes in the older person’s lifestyle and finances. Download A Checklist to Help You Protect Those You Care About from Elder Financial Abuse Developed …
Everyone is subject to fraudulent scams and con games. Because older people are frequently targeted, it is important for them to be aware of the frauds and scams that threaten their financial security. Download Protecting Your Income: Tips for Seniors …
Authorities in New York arrested a woman last year for theft of hundreds of thousands of dollars from an 85-year-old man, in what experts refer to as a “sweetheart scam.” In this case, the woman befriended an older man telling …
Senior financial abuse scams are a multi-billion dollar “industry.” Studies estimate the annual financial loss nationwide to be around $2.9 billion. In a recent New York State study, estimated annual losses for seniors in a subsample of New York State …
WISER publishes its WISERWoman newsletter quarterly. Get a firsthand look at WISER's materials and the latest information, news and resources to help you plan for your financial future.
WISER publishes its WISERWoman newsletter quarterly. Get a firsthand look at WISER's materials and the latest information, news and resources to help you plan for your financial future.