Keeping Your Bank Account Safe from Fraud

Financial exploitation of seniors is an increasing problem (NationalCenteron Elder Abuse), including cases where money is stolen directly from a senior's bank account. The research company Gartner Inc. estimates that two million people in the United Stateshave had money stolen from their bank accounts in the past year. The average amount lost was $1,200. We often think that fraud is committed by people we don't know who gain access to our personal information. While that can be true, for seniors the probability is greater that a family member or caregiver is the one who takes advantage of them financially. A survey by the Adult Protective Services agencies found that the most common financial abuser was a son or

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