Protecting Seniors from Financial Scams (Part 1) - What You Need To Know with Doris Bonora
Manage episode 474157580 series 3515248
In this first part of our special conversation, lawyer Doris Bonora discusses the most common financial scams targeting seniors, including government impersonation, tech support fraud, and emotional manipulations like the “grandparent scam” and “romance scam.” Drawing on her decades of legal experience in estate planning and litigation, Doris offers insight into why older adults, especially those living with dementia, are more vulnerable to these scams, and she provides practical steps to help you spot red flags and protect your finances.
Key Points & Takeaways:
- How scam artists use urgency, fear, and secrecy to pressure quick decisions
- Strategies for verifying suspicious calls or messages (CRA, pop-up tech support, etc.)
- Real-life examples of how fraudsters exploit loneliness or family ties
- Slow down, verify, and never be pressured into making a quick decision.
Resources Mentioned:
- 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
Looking Ahead:
Stay tuned for Part 2 of our discussion with Doris Bonora, where we continue exploring scams such as phishing, business impersonation, and care partner or family fraud. Doris will also share tips on using Power of Attorney effectively to safeguard seniors.
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.
24 episodes