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Summarize methods to take preventive measures against elder economic abuse.

Instructional Objectives for this activity:
Summarize methods to take preventive measures against elder economic abuse.
We all have seniors who are a part of our lives – parents, grandparents, neighbors and friends. Many of us worry that these persons could become the victim of a fraud or scam.
From what you have read this week in your textbook, as well as any additional material, explain two things you would tell this person if he or she were approached by a stranger, either on the phone or the Internet, asking that they invest in a “can’t miss” deal with very high returns.

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Use the material in the book in your answer, but feel free to add your own personal perspective on this relating to the seniors in your own life. If you know a senior who has been a victim of a fraud, please feel free to share this with us. When sharing, please remember to not use anyone’s real name.


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