It’s very unfortunate that scammers target the elderly. They make for easy targets because of a few reasons. The elderly love to receive and read mail, and they are also vulnerable to believing anything they read in the mail.
The article mentions $110 million is lost to scammers poising as family members. Netizens have long heard about email scams from Nigeria about winning a large sum of money. A case I’m familiar with involves a woman who thinks she has won the lottery and sends off $10, $50 and $100 checks off to Finland or Sweden.
The elderly could unknowingly be supporting extremely horrible things. Many of the scammers located out of the country could potentially be involved in drug/slave traffickers or rebel groups that may be labeled as terrorists by Unite States agencies. This of course shows a much more negative side than elderly simply spending away their retirement or social security.
The article suggests sitting down and talking with older relatives, which may not always help. After all, the elderly grew up using old-fashioned mailed letters, what could you know? Another solution I hate to propose, though it worked in the case I mentioned before, could be attempting to obtain power-of-attorney from your parents (or your parents getting it from your grandparents) to monitor their banking.