Last December, Jessica was shocked to learn that her 74-year-old mother, Joyce, had been developing what she thought to be a relationship with a complete stranger. Eventually, she discovered her mother had given over $400,000 to someone she believed to be a country music artist over nearly a year of communication. According to the Federal Trade Commission in the US, online scams cost seniors over $1.6 billion each year. This circumstance emphasizes how critical it is to act quickly to safeguard the well-being and financial security of our elderly population. We must take proactive steps to protect older adults' health and financial stability by educating them about the dangers of cyber fraud and providing technological tools to better protect them. By leveraging advanced security technologies, such as fraud detection systems and secure communication platforms, we can significantly reduce the risk of scams. A big thanks to Scott M. Frisch for sharing on such an important topic. Read the full article to learn more about Jessica's mother's story and discover how we can prevent such scams from affecting our loved ones. #AgeTech #DigitalSafety #ElderCare #Fraud #FinancialSecurity #FinancialProtection
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Scammers know no bounds. While anyone can fall victim to a scam, older adults with mild cognitive impairment are more susceptible to fraud. Jessica was already worried about her mother’s cognitive decline when she discovered the 74-year-old was communicating with people she thought were the country star Vince Gill and sending them hundreds of thousands of dollars. Read the story of how Jessica uncovered that her mother had been the victim of a scam, and how you can protect vulnerable family members and their finances in this age of rampant fraud. #Fraud #Scams #BrainHealth
