Welcome to Home Care Matters, the show where we discuss all things home care, with discussions on important age-related matters and topics.

Brought to you by Enriched Life Home Care Services, the number one rated home care provider in Michigan by Top Rated Local.

Hello. Hello and welcome back to all home care matters.

If this is your first time visiting us here at the show, thank you for taking time out to be with us today.

We appreciate how valuable everyone's time is, and that's why we try and make each episode here at all home care matters, something that will hopefully matter to you. We all want our parents and loved ones to feel

safe and protected. We want to know that their finances are secure so that they can have it

comfortable and happy retirement and we'll never have to face detrimental financial losses.

Seniors and the elderly deserve to be protected, which is why it's especially heartbreaking to

know that as senior citizens, they are the targets of sophisticated, dangerous scams that

threaten to take thousands from them and target them just because they are elderly.

Elder scams are all too common and they're no joke.

According to the Senate Special Committee on Aging, senior citizens are cheated out of an enormous $2.9 billion annually.

On an individual basis, according to a 2020 study by the Federal Trade Commission, elders lose an average of $500 per scam, although this number

varies depending on the age group.

Seniors 80 or over, for instance, lose a staggering $1,500 per scam.

These numbers are harrowing, but there are steps that we can take to protect our parents.

It is essential that we educate the elders in our lives on the various types of scams that they could fall prey to.

When they know the warning signs and know what to do if they suspect something is not right,

they are far less likely to fall victim to a scam.

On today's episode, we will dive into the types of scams that are most commonly targeting seniors and our elders and discussing the warning signs and proper responses, as well as what to do if your parent or grandparent has already fallen victim to a scam.

Our family members and loved ones deserve to feel safe and secure financially. And the best way for us to

help them is to educate them on the dangers of the scams. So let's get started. The most common

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