Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Elderly people targeted in financial scams

By Adam Stive Subscribe to RSS | June 26th 2012 | Views:
loading
 
  



The elderly are being warned about bogus investment and retail deals after it emerged that a number of families have lost money through recent scams. Elderly people are targeted in financial scams as they are seen as easy pray by the fraudsters.

The warning comes from charities and organisations who are aiming to raise the profile of this issue through this week's World Elder Abuse Awareness Day.

World Elder Abuse Awareness Day is a UN supported day of action to highlight the growing problem of the abuse of older people. It began in 2006 and brings together charities, religious groups, educational institutions and care professionals to promote a better understanding of the problems faced by older people.

Hard evidence offered by the Insolvency Service shows that 78 rouge firms had to be closed down in the past three years alone. The bogus companies would try and sell plots of land that either did not exist or were on regulated green belt land.

Some of the rouge firms were caught selling retail products that were unsuitable for the elderly consumer, or were highly overpriced. Items such as chair lifts, ‘heritage’ coins, mobility scooters and burglar alarms were typical of the types of products that were sold to elderly people.

In one of the worst cases the Insolvency Service found that an 80 year old victim, who had both legs amputated, was sold a mobility scooter, despite the guidelines stating that the scooter should only be used by someone who had the use of both legs. In another case a family lost its life savings of £600,000 buying a plot of land that didn’t exist.

A spokesman for the Insolvency Service described the scams as extremely unpleasant as they targeted the most vulnerable members of society.

CEO of the Alzheimer’s Society Jeremy Hughes said: "There are currently 800,000 people living with dementia in the UK. Many are older people and easy targets for con artists” He says these are despicable crimes targeting the most vulnerable members of society, which often deals them a blow when they are already under extreme pressure.

So what can older people do to protect themselves against these callous fraudsters? The advice from the charities is for all the family to be vigilant, and to warn elderly relatives about any smooth sounding cold callers, or online offers, that sound too good to be true. The advice is to tell older relatives not to be afraid to say ‘no thanks’ as many older people don’t wish to appear rude. Special attention should be given to those people living alone, who are particularly vulnerable to the fraudsters.

The message from World Elder Abuse Awareness Day is that with extra vigilance and a willingness from the authorities to close down these rouge firms, it’s hoped to cut down on elderly people being targeted in financial scams in the future.

Adam Stive - About Author:
Ana Nursing - Find Homecare and Personal Carer for the Elderly and Quality Disabled in London, UK - Personal Care for Elderly, Live in Carer, Residential Nursing and Respite Care Assistants in London, UK.For more information please visit:- http://www.ana-nursing.co.uk

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/health-articles/elderly-people-targeted-in-financial-scams.htm

Related Health Articles Subscribe to RSS

Chiropractor Melbourne made to provide a natural care
Published by Findahealth on July 20th 2012 | Health
Chiropractic is the greatest health care professional which is truly concerned with the prevention o...
 
Premiere Dentists offer personalized dental care here at Dentist in Encino
Published by Gary Tobin on June 18th 2012 | Health
Cosmetic dentistry has emerged as a profession after people have become increasingly conscious about...
 
Take care of your outer body with Dermatology Treatment
Published by Wills Loren on February 24th 2012 | Health
feedbackhere.com: We provide Skin Care services most event planners have something directly to them,...
 
The best homecare for the clients with proper care
Published by Hipolit Jan on December 24th 2011 | Health
Home healthcare MD makes your home health needs our priority. Home healthcare MD knows that living i...
 
Sensitive skin has to be treated with care
Published by Smith Wymondham on January 2nd 2012 | Health
We are increasingly aware of the damage we can do by using skin care products containing artificial ...
 
Women Health care and Guidance during Pregnancy
Published by Roger Lopez on March 22nd 2012 | Health
Pregnancy is one of the most crucial times in a mother’s life. Being healthy before and after gett...
 
Natural care for enhancing digestion
Published by Madison Carter on March 28th 2012 | Health
Just some time ago there was news about a death due to colon cancer. This man had some digestive pro...
 
For more information about Increase female desire and best acne skin care
Published by Dave Hussy on February 6th 2012 | Health
For many people looking around for best way to increase female desire certainly is not as much impor...
 
Hair care products for the woman of today
Published by Jaiskajonson on June 6th 2012 | Health
If you are a woman experiencing hair loss, then do not despair. Some really innovative products are ...
 
Dentist murfreesboro tn is the better way for your dental care
Published by MarlonNigel on December 20th 2011 | Health
Dentists in Murfreesboro states that the group not receiving the hypnosis therapy prior to the denta...
 
The Best Face Epidermis Health care Tip You Will Ever Hear
Published by Tedd Woods on July 3rd 2012 | Health
Here's a experience healthy epidermis treatment tip for you. Don't buy anything that you see promote...
 
Five important tips to help you find the best retirement home care facility.
Published by Maryam Keon on December 26th 2011 | Health
The majority of elderly people can reach a certain age where they are unable to do activities which ...
 
Various skin care treatments available in the markets
Published by Jenny Decosta on July 20th 2012 | Health
Unwanted hair problem is being faced by a number of people all over the world. People are tired of ...
 
Appropriate care is About Self-discipline and Consistency
Published by Tedd Woods on January 20th 2012 | Health
What most people do not understand is a good facial care is about discipline and reliability....
 
Know some interesting healthy Skin care tips
Published by Frank Windram on February 23rd 2012 | Health
Breaks in schedule and working life are the most relaxing time of the year where you can give time t...
 
Tips on How to care your eyes
Published by Mitchell Davis on March 28th 2012 | Health
All the organs of the human body plays important role in the functioning of human body but eyes are ...
 
Top Man Guidelines Face Health care for Men
Published by Tedd Woods on June 11th 2012 | Health
Face appropriate take appropriate care of men can be something that a lot of men don't think about a...
 
An in-depth analysis of home care services
Published by Harold Spencer on June 6th 2012 | Health
In our daily lives we need to avail home care services. They come in all forms and with varied costs...
 
Essentials of eye care
Published by Justin Bieber on August 25th 2012 | Health
All our body parts need care for their normal functioning. In the same way our eyes also need care a...
 
A Caring hand to care for you
Published by Harold Spencer on July 5th 2012 | Health
Home health aid services provide many facilities to disabled, seriously ill or very elderly people t...