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Newport News Now

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Newport News Now is a daily e-newsletter that launched in March 2016. Articles that ran in our newsletter between March 2016 and March 2018 are available on these pages. Newsletters produced beginning in April 2018 can be viewed on our new daily newsletter page.

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Jun 06

Fraud and the Elderly: How They Can Protect Themselves

Posted on June 6, 2016 at 9:53 AM by Latoya Jefferson

A message from the Newport News Police Department 

Much like any other community in the Hampton Roads area, the senior citizen population in Newport News, age 65 and over, is expected to increase by double digits over the next several years. The factors the older generation face, like Dementia and Alzheimer’s, place elderly Newport News residents at higher risk of being targets of fraud and scams. Seniors and their families should take steps to ensure safety.6-6 elderly and fraud scaled

Seniors should make sure to keep their family members in the loop with financial transactions. Adult children need to be willing to become involved in all aspects of their senior family members’ lives, including where their money is going. Oversight is a key factor in fraud prevention and should be a family matter. Other ways seniors can protect their financial resources is to protect social security, bank and credit card numbers, direct-deposit of benefit checks, never turn cash over to anyone, and NEVER wire money based on a request made over the phone or in an e-mail...especially overseas. Wiring money is like giving cash away; once you send it, you can’t get it back. Law enforcement must become involved immediately if fraud is suspected in order to help reduce monetary loss.