Because of the wealth in Carmel and Pebble Beach, there continue to be a number of reports of financial elder abuse.  Sadly, most scams are carried out by close friends or family.  Stay alert, and never give out your passwords or other information that can give someone access to your accounts.  Shockingly, one case locally involved someone getting a woman to sign over the deed to her house.  She had dementia, and didn’t realize what she was doing.  If you suspect that you or a loved one is the victim of elder abuse, contact Monterey County Adult Protective Services at 1-800-510-2020 or go the website below.  According to the Consumer Financial Protection Bureau, suspicious activity reports (SARS) on the exploitation of the elderly quadrupled from 2013 to 2017.  The U.S. Department of Justice set up a hotline to report fraud in March of last year.  They can be reached at 1-833-372-8311.


Recommended Posts