Senior Financial Scams: How to Protect Family and Friends

Did you know that out-of-pocket costs associated with senior financial scams and exploitation are estimated at $2.9 billion a year? And that’s on the low side because many cases go unreported. Join us on February 27th at 1:00pm as a representative from Core Plus Credit Union presents Senior Financial Scams: How to Protect Family and Friends As the net worth of seniors increases, so does the likelihood they’ll be targeted by con artists trying to strip them of their life savings. Senior scams are on the rise, but with proper prevention and education, we can reverse that trend. To increase your odds that you or a loved one—or someone in your care—can avoid becoming a victim of financial exploitation, you need to know the facts. At the seminar, you’ll find out how big the problem of financial exploitation is, who’s committing the crime, common examples of senior scams, how to recognize signs of abuse, what the long-term effects of exploitation are, how to prevent it, and where to go for help. The first 50 people to sign up will receive a free Care Plus Credit Union Grocery Bag. To sign up please call (860)434-1605 ext. 240. Refreshments will also be served.