top of page

Your Parents Are the Next Target: Scam-Proofing the Elderly

Updated: Jun 7

Scams targeting the elderly are exploding—especially impersonation and love scams. If your parents are online, using a smartphone, or receiving calls from strangers, they’re already on scammers’ radar.

Here’s what you need to know—and do.

1. Most Common Scams Targeting the Elderly
Impersonation Scams
Scammers pretend to be:
  • A government official (police, tax officer, immigration)
  • Bank staff
  • Your child or grandchild in trouble
  • A delivery service
Red flags:
  • “Your account is frozen.”
  • “You’ll be arrested if you don’t act now.”
  • “Send money via bank transfer or gift cards.”

Romance / Love Scams
Scammers build online relationships and slowly ask for money.
Red flags:
  • They avoid video calls or meeting in person.
  • They claim to be overseas (military, engineer, businessman).
  • They ask for money for emergencies, investment, hospital bills, or flights.

2. How to Minimize the Risk
Set Financial Limits
  • Limit ATM withdrawals to $1,000/month.
  • Use a separate bank account with minimal funds for online banking.
  • Disable international transfers if not needed.

Communication Rules
  • Never act on phone calls alone. Verify with a trusted family member.
  • Tell your parents: No police, embassy, or bank will ever ask for money over the phone.

Teach the “3 Checks Rule”
Before sending money or giving info, pause and check:
  1. Check the story – does it make sense?
  2. Check with family or someone you trust.
  3. Check the source – call back using official numbers, not those given by the caller.

Use Tech to Your Advantage
  • Install caller ID and spam blockers.
  • Set alerts for large withdrawals or transfers.
  • Use antivirus and keep devices updated.

3. What to Tell Your Parents (Simple Version)
“If anyone calls or messages you asking for money—stop and call me first. No exceptions.”

Final Word
Scammers are organized and ruthless. But with a few simple protections—financial limits, tech tools, and strong family communication—you can dramatically lower the risk.
It’s not about control. It’s about protection.
bottom of page