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SENIOR SERVICES OF SOUTHEASTERN VIRGINIA ALERTS FAMILIES TO BE AWARE OF FINANCIAL EXPLOITATION THIS HOLIDAY SEASON
SENIOR SERVICES OF SOUTHEASTERN VIRGINIA ALERTS FAMILIES TO BE AWARE OF FINANCIAL EXPLOITATION THIS HOLIDAY SEASON
As the holiday season starts warming up, so do the opportunities for fraudulent activities

HAMPTON ROADS, Va. – (Nov. 20, 2012) – As the holiday season starts warming up, so do the opportunities for fraudulent activities.  Seniors are most at risk. Research shows that as many as 5 million older adults are victims of abuse and financial exploitation. In fact, up to 3 billion dollars are bilked annually from the elderly population.  

Senior Services of Southeastern Virginia (SSSEVA), a member of the Virginia Association of Area Agencies on Aging (n4a), works closely with its partners to bring a safety net of help and awareness to seniors in South Hampton Roads and Western Tidewater.  A recent publication produced by the National Center on Elder Abuse in partnership with the Eldercare Locator addresses this very issue.  “Protect Your Pocketbook: Tips to Avoid Financial Exploitation,” offers up some of the warning signs and recommends what steps families of should take to protect themselves:    Get an estate plan in place. Talk with an attorney about creating a durable power of attorney for asset management; a living will; a revocable or living trust, and health care advance directives.  Learn how to avoid fraud and scams at www.stopfraud.gov/protect.html.

 

SENIOR SERVICES OF SOUTHEASTERN VIRGINIA ALERTS FAMILIES TO BE AWARE OF FINANCIAL EXPLOITATION THIS HOLIDAY SEASON

Press Contacts

Debbie Schwartz
Director of Development and Community Relations
757-222-4520
dschwartz@ssseva.org

Nealy Gihan
Marketing & Communications Associate
757-461-9481, ext. 105
ngihan@ssseva.org

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