[February 13, 2015]
Send a link to a friend
Craig Horsch, CEO, EVP &
cashier of The Atlanta National Bank, was the main speaker at the
Atlanta Rotary Club meeting Tuesday afternoon at the Country Aire
Restaurant. The topic Craig shared with the club was the rise of
financial elder abuse.
Pictures by Karen Hargis |
Horsch shared that one in four seniors will
be a victim of a financial crime. These crimes may include
unauthorized or illegal use of funds, property or resources by a
family member, friend or stranger that results in loss of money or
property. |
|
|
Craig showed a film that the bank uses to
educate employees to possible abuse. Whether it is contractors
making illegitimate repairs, telemarketers offering ‘too good to be
true’ schemes or any other deceptions, cons or fraud, seniors need
to be aware of the increasing number of predators stalking them
today.
|
|
There are many reasons the elderly are
targets. First and foremost, people over the age of 50 control over
70 percent the nation's wealth. In addition, seniors don't realize
they have something to lose. Also, many believe people will do the
right thing or do what they promise. |
|
|
|
As a community, it is our responsibility to
watch out for ourselves and for our neighbors. Elder abuse is a
clear danger and comes in a variety of forms. From family members
taking unfair advantage to con men posing as legitimate businesses,
these situations are a form of abuse. |
|
|
|
The community can help by learning to
recognize possible cons or frauds, and reporting potential
wrongdoings to authorities. There is also a statewide elder abuse
hotline to the Department on Aging. If you suspect someone is being
taken advantage of, you may report it by calling 1-866-800-1409.
|
Back to top |
|