Elder Romance Scammers: How to Protect our aging parents and our entire family
Episode description
In this eye-opening episode of Eldercare Success, Nancy May delves into the alarming world of elder romance scams, with her guest, James Feldman a fully accredited Professional Relationship Coach and romance scam protection expert.
In our conversation, we dive into this $3.1 billion industry (as reported by the FBI). We explore the heart-wrenching reality of not just how retires lose their life savings, but also how these criminals are scamming and abusing children and adults of all ages.
There are a lot of tips in this episode that you can learn from. Listen to the end for extra details on how James Feldman has worked with the FBI, to put a number of these criminals behind bars. He'll tell you how you can do the same should you be suspicious that someone is trying to pull a dating scam on your parent too. Even the Federal Trade Commission (FTC) is working on this one.
Key topics covered:
- Understanding Elder Romance Scams: We break down how con artists use dating apps and online platforms to prey on lonely, older individuals
- How to Recognize Red Flags: How to ID a scammer's fake profile.
- Tips on how to report losses: and potentially recover lost funds.
- Prevention Strategies: for your entire family.
- Taking Action: Steps to take if you suspect your elderly parent is being catfished.
- Practical resources: links that you should know about.
This episode of Eldercare Success is a must-listen for caregivers or families concerned about protecting their aging parents from the emotional and financial devastation of romance scams. Sadly, this is a growing issue that impacts all of us. Even for ourselves!
Helpful Episode Links:
- RomanceScamExpert.com Links to resources of
- James D. Feldman Romance Scam Expert
- Eldercare Success FB Group (private requests)
- Book, How to Survive 911 Medical Emergencies
- Eldercare Success Podcast (share with friends and family)
- NYTimes article Retiree Romance Scams
- 84-Year-Old Woman Loses $98K in Romance Scam
- Elderly Man Loses More Than $2M and His Life Savings
- US Postal...