Question

give suggestions for the security of the old people

Answer 1

1. law will be made to protect them from expliotation

2enactment existing such laws.

3by running program and campaign government can raise awareness in people.

Answer 2

For a variety of reasons, older people can be at increased risk of being taken advantage of financially by family, friends, or strangers. These factors include:

Isolation and loneliness

Recent losses of loved ones

Physical or mental disabilities

Lack of familiarity with financial matters and modern technology

Having family members who are unemployed and/or have financial, substance abuse, or gambling problems

 

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Protect Yourself Financially

Money safety & security tips

Suggestions for seniors

Here are some potential issues and information on how to avoid them.

For a variety of reasons, older people can be at increased risk of being taken advantage of financially by family, friends, or strangers. These factors include:

Isolation and loneliness

Recent losses of loved ones

Physical or mental disabilities

Lack of familiarity with financial matters and modern technology

Having family members who are unemployed and/or have financial, substance abuse, or gambling problems

 



Some examples of this criminal activity, often called elder financial abuse, include:

Stealing an older person’s money or property

Forging an older person’s signature on financial documents such as checks

Tricking, forcing or scaring an older person into signing a legal contract, such as a deed, will, or power of attorney

Using the older person’s credit card, property, or possessions without permission

One individual promising to another lifelong care in exchange for money or property and not following through on the promise

If you suspect elder financial abuse, contact your financial institution.

To avoid elder financial abuse:

Recognize the warning signs

Know the profile of perpetrators

Take steps to reduce risk