daily-news in-the-wallet
ID Theft A Major Problem for the Elderly
Let’s talk elderly. Or older persons. Or people in the 65+ category. Call them what you like, but this group is repeatedly preyed upon by identity thieves. From older persons living in retirement communities—to those still in their homes—to those living in traditional nursing homes—the elderly are a significant target. Consider this ID theft ring, as reported by the AP. Stolen identities to help inmates make calls?
The issue has been percolating for some time. Check out the UConn Law paper from 04. Or this hearing from 02. Or this site from Legal Counsel for the Elderly. Or this MSN article on the worst states for ID theft — with AZ topping the list *because of it’s older population.” Convinced?
What can you do?
1. Work as a family to secure valuable personal data.
2. Look for awareness programs in your area so that you might benefit from their guidance.
3. Review credit reports, bank accounts and so on — on an ongoing basis.
4. Stay alert.
5. And, talk about the realities. Awareness is one of the most valuable tools at your disposal.
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