Seniors Against Scams Breakfast

A recent report by comparitech.com a privacy advocacy group found:

"The state with the highest estimated rate of elder fraud with 23.6 percent of seniors affected is Colorado. We estimate that over 272,900 seniors are affected by elder fraud each year, losing an estimated $2.75 billion.

According to the Adult Protective Services’ (APS) report, $17.4 million was lost in cases of financial exploitation with approximately 73% of cases relating to the elderly (1,133). This creates a total loss to the over 60s of $12,699,062 and an average loss per case of $11,204. However, it’s important to note that these losses are only the result of substantiated claims. And, as we note in the methodology, many APS services are understaffed and are unable to deal with caseloads, meaning many other cases could go under the radar.

Colorado is home to 1.16 million over 60s."

Join me for breakfast and learn what types of scams are being used today and learn how to protect you and your loved ones from becoming a victim.

Host or Publisher Rich Cain of Cain Home Partners at Keller Williams Executives Realty