Category: Financial Abuse
2017 Data Breaches are a 2018 Danger and Beyond
MEMO TO FINANCIAL ADVISORS: By Howard L. Tischler — As 2018 marches on, it might seem like the 2017 data breaches are old news. But don’t be fooled: For anyone concerned with protecting financial assets, big data breaches of the recent past are a clear and present danger in 2018 and beyond. Here’s why. The personal… Read More
143 Million Impacted by Data Breach…Are There More?
Equifax’s recent announcement regarding a massive breach of consumers’ personal and financial information has many of us panicking about what to do next. The news that as many as 143 million customers may have had data such as their birth date, Social Security number, driver’s license, address and/or credit or debit card information fall prey… Read More
What is Undue Influence?
A woman suffering from minor cognitive issues receives numerous calls from a telemarketer. It’s clear that she is confused and doesn’t understand the details of the sale. An older gentleman’s will has been consistent for decades, leaving the bulk of his estate to his children. A new aide begins isolating him from friends and family,… Read More
Safeguarding Seniors—Q&A with Chuck Whitlock
What drew your interest in elder abuse? I was fascinated by con artists as a kid. When I was in college I was a police officer and found that most of the cases involving fraud were not prosecuted. I thought it was terrible that the people who could least afford to lose what they have… Read More
Financial Abuse Within the Family
When thinking of elder financial abuse, the culprit is expected to be some mysterious stranger who swoops in to manipulate and exploit you. However, this is rarely the case. Studies show that 90% of elder abusers are actually members of their own families. Victims find it hard to recognize, accept, and report that the culprit is… Read More