Just when we think we've seen every fraud scam under the sun used to target vulnerable seniors, our law firm encounters a new scheme that defrauded a senior citizen out of his or her money. It's terrifying to think just how fast someone can take your hard-earned money away from you, but we have encountered numerous individuals who were left financially devastated because of a business' highly immoral practices.
In the interest of keeping you informed, here are two common scams that you'll want to keep an eye out for as a senior citizen:
Counterfeit prescription drug scams
The Internet is fraught with counterfeit prescriptions, and elderly individuals -- because they tend to take the most medications -- are often vulnerable to these kinds of scams. The danger comes about when the elderly person finds an advertisement for prescription drugs at a reduced rate. The problem is, the drugs are not what they appear to be. They could even be unsafe substances that cause the purchaser serious harm -- not only to his or her pocketbook -- but also to his or her body.
Funeral and cemetery fraud
By the time you've reached your 70's or 80's, you've probably known a few people that have died without having all their estate plans in place. This makes elderly people particularly interested in setting up their funeral and cemetery services in advance, so the family members they leave behind don't have to worry about the cost. However, there are many fraudulent services that sell fake funeral planning packages to the elderly at a high cost. When the senior eventually dies, the company is nowhere to be found.
In addition, many elderly individuals who are grieving the recent loss of a loved one get swindled out of their money be funeral service providers who scam them into paying a lot more than necessary.
Were you the victims of elderly fraud?
If you suspect you were a victim of fraud, visit our website now to learn more about your legal rights and options. We have an experienced staff of professionals who are ready to assist you.