Easy Prey24 Tammi 2024

Financial Exploitation of Older Adults with Joyce Petrowski

Our golden generation, rich with wisdom and experience, unfortunately often finds itself in the crosshairs of deceitful schemes. In today's episode, we shine a spotlight on the tactics employed by scammers, share real-life anecdotes, and provide practical advice to help safeguard our beloved seniors.

Today's guest is Joyce Petrowski. Joyce started her professional career in the public accounting sector and is an accountant and tax preparer. As an avid volunteer and philanthropist, she shares her focus on the non-profit sector and co-founded a non-profit in 2014. Since leaving that non-profit in 2021, she saw a need to educate people, especially the older adult population about the financial scams and how to protect themselves and their hard earned assets. In August 2021, Joyce founded R.O.S.E. (Resources/Outreach to Safeguard the Elderly), with the mission to prevent financial exploitation and frauding older adults through advocacy and education.

Show Notes:

[1:16] - Joyce shares her background and the mission of her non-profit, R.O.S.E.
[3:42] - R.O.S.E. provides education and resources for older adults so they are aware of how these scams are happening.
[5:54] - When speaking and meeting with people, Joyce sees the hesitation in people coming forward with past experiences with scams.
[8:01] - It has been difficult for the general population, specifically the older generation, to keep up with the evolution of scams and red flags.
[9:38] - The first sign that should raise some suspicion is unexpected contact.
[12:07] - There is an option in your phone that can silence calls from unknown numbers so there is no accidentally answering scam calls.
[15:03] - If you're not sure, talk to somebody else that you know and trust. Them asking questions might help you determine if it is a scam.
[18:51] - Many older adults feel uncomfortable sharing their experiences with their children to avoid losing their independence.
[21:18] - Scammers don't discriminate. They don't care about age, gender, or even how much money you have.
[23:34] - It can be very confusing and overwhelming when considering the ways to deal with this problem.
[26:00] - Joyce shares some of the things that scammers are looking for and why it can be easy for them to get a victim into an emotional state.
[29:44] - Scams are very sophisticated now compared to just ten years ago.
[31:45] - Everybody needs to be aware and have conversations about this with the older adults in their lives.
[33:17] - Joyce has recently started a podcast called Let's Talk About Scams.

Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.

Links and Resources:

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(329)

Job Recruiter Scams

Job hunting is hard enough without having to stop and ask whether the recruiter in your inbox is even real. My guest today, Jay Jones, ran into that problem firsthand after being laid off in December ...

24 Kesä 35min

Bail Bonds Scams

Getting a call that someone you love has been arrested is scary enough. Getting that call from someone who sounds official, knows just enough to seem credible, and says you have to send money right aw...

17 Kesä 36min

Confessions of a Fraudster

Technology keeps changing, but many of the most effective scams still come down to something very human: trust. My guest today is Tony Sales, co-founder of We Fight Fincrime and Underworld TV. Tony ha...

10 Kesä 54min

Personal Safety

Scams and safety threats don't always announce themselves. Sometimes they start quietly, with a moment of distraction, a strange feeling you ignore, or a situation that shifts just enough to test whet...

3 Kesä 43min

Data For Sale

Everyday conveniences ask for tiny pieces of information all the time like a phone number at checkout, a zip code at the register, an email address for a receipt, or a loyalty account for a small disc...

27 Touko 43min

Exploiting Psychology

Scams are often explained as a failure of judgment, but the truth is far more human. People are not fooled because they are foolish. They are manipulated at the exact moment emotion overrides logic, w...

20 Touko 45min

Investment Traps

Investment losses can be confusing because they do not always tell the whole story. Sometimes money is lost because the market has changed. Other times, an investor was sold something they did not und...

13 Touko 47min

Elder Exploitation

Aging parents often rely on the people closest to them for help, but what happens when that help becomes a way to take control? For Charles Wallace, the warning signs started small. His mother's fridg...

6 Touko 39min