WASHINGTON (6/23/14)--The Consumer Financial Protection Bureau has released an new and extensive guide intended to help the staff of assisted living and nursing facilities to protect residents from financial exploitation.
The guide gives staff the tools to:
The guide includes pages of warning signs that a resident may be falling victim to exploitation. It also lists the current, most-frequently used fraud and scam schemes that target older people--relative-in-need, sweepstake winner, charity appeal, home-improvement scam among them--but warns that schemes are always morphing.
The guide includes information about the Federal Trade Commission's "scam alert" page, which has information about the ever-changing ways that scam artists target consumers and is located at www.consumer.ftc.gov/scam-alerts.
Use the resource links for more information.