Preventing Elder Fraud
Are you an essential worker with aging parents who is concerned about cyber security threats and financial fraud that target the vulnerable population of the elderly? Many people in this position haven't had the bandwidth to learn about preventing elder fraud.
If you are part of the "sandwich generation," juggling the challenges of caring for aging parents while also raising a family of your own, reducing risk is likely on your mind. For some, answers to the questions of where and how to start protecting your parents can feel overwhelming or out of reach. As a Community Partner of the California Department of Insurance, Manzanita Works is honored to be hosting a webinar to learn more about the State's elder fraud prevention resources and to receive an overview of the ongoing threats that target seniors from the California Field Offices of the Federal Bureau of Investigation. This will provide a starting point for how to protect aging parents.
The need for senior fraud awareness and prevention has become greater than ever. Seniors are often easy targets for fraud, whether for fraudulent sweepstakes prizes or too-good-to-be-true investment returns. Fraud can happen by phone, mail, online, and in person. Fraud can happen to wealthy seniors, as well as to those of limited means and on fixed incomes.
According to the FDIC, "each year millions of senior citizens are victimized by financial fraud or theft of money, property, or valuable personal information. Often, an adult child or other relative is responsible. Other situations may involve trusted individuals such as caregivers, legal guardians, investment advisors, or new 'friends.' Since the types of abuse may differ widely, it is important to take a variety of precautions."
Although anyone can commit senior fraud, the Los Angeles branch of Adult Protective Services reports that about 90% of their cases involve allegations that a family member has financially abused an elder. Education and awareness are the first steps to help protect seniors from becoming a victim of crime and fraud. Still, it is challenging to incentivize broad-scale education and awareness within the extended family unit when adult children of seniors are juggling day-to-day work and family life responsibilities. That's where this webinar comes in.
Join us as we listen to State and Federal recommendations for the prevention of elder fraud, cyber security threats, and obtain advice on what both seniors and the adult children of seniors can do to protect their loved ones from being targeted by individuals both known and unknown to their parents. These presentations will be followed by a panel discussion on local elder fraud prevention efforts that may provide you with practical resources you need.
When: 11am on Friday November 14th, 2025
Where: Register for the zoom webinar HERE