Some of those signs may include: Poor personal hygiene or not bathing; unsanitary living conditions; refusing to take medications; dehydration and malnutrition; and unpaid bills, bounced checks, or loss of utilities.
The Tennessee Department of Commerce and insurance has also issued tips for senior to avoid financial exploitation and identify theft.
Senior Investor Tips
If a stranger asks for money, proceed with caution. Swindlers can take advantage of your good manners. Make sure you invest with a licensed investment adviser. You can ensure a broker is licensed here. Beware of salespeople who prey upon your fears. Fear can blind your good judgement. Only invest when you have all the facts and feel comfortable. Don’t be embarrassed to report fraud or abuse. Every day you delay reporting fraud or abuse is another day the scammer is spending your money and finding new victims.
Identity Theft Prevention Tips
Never buy from a stranger who calls or visits unannounced. Shred all paperwork containing any identifying information, healthcare information, banking information, or passwords. Monitor bank and credit card statements. Monitor your credit report. Use direct deposit for benefit checks to prevent checks from being stolen. Never give your credit card, banking, Social Security number, Medicare number, or other personal information over the phone, unless you initiated the call.