ST. LOUIS (KMOX) – Over half of all elder abuse cases reported in Illinois are suspected financial exploitation and Kimberly Parker with the Illinois Department on Aging is warning seniors and their loved ones to be on the lookout for scams.
“There is never a reason to give out your personal information on the phone or by email if someone should contact you, whether that’s bank information or any other personal information,” she said.
Springfield police recently reported the case of a con man who told the victim he worked at her bank and that someone else at her bank was stealing from her account before convincing her to make cash withdrawals and meet with him to give him the money. The suspect got away with almost $7,000.
Parker says a 2011 law requires bank and credit union employees to undergo training to teach them how to identify and report suspicious activity such as large sums of money being withdrawn.
“There may be something like someone else is now a signature on a senior citizen’s account and you hadn’t really seen that before,” she said. “Or, despite the amount of money that may be in a senior’s account, they may not seem to be paying all their bill timely.”