Protecting Seniors from Financial Scams (Part 2) – What You Need to Know
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In Part 2 of this conversation, lawyer Doris Bonora continues to explore financial scams with a focus on phishing, business impersonation, and issues related to care partner or family fraud. Drawing on her extensive legal experience in estate planning and litigation, Doris explains how scammers use urgency and pressure to push for quick decisions. She provides practical tips to verify suspicious communications and safeguard your finances.
Key Points:
- How scam artists use urgency, pressure, and fake promises to prompt immediate action
- Strategies for verifying suspicious emails, phone calls, or messages (such as those mimicking reputable organizations)
- Real-life examples of phishing tactics and business impersonation schemes
- Tips on using Power of Attorney effectively to protect financial interests
- The importance of slowing down, double-checking information, and consulting trusted advisors before taking action
Resources:
- HelpForDementia.ca – Your go-to site for information, support, and programs related to dementia
- Alzheimer Society of Alberta and Northwest Territories – Services and resources for those living with dementia, their families, and care partners
Disclaimer: This podcast is for informational purposes only and does not replace professional legal or financial advice. Always consult qualified professionals to address individual concerns.
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