Elder Romance Scammers: Safeguarding Hearts, Wallets, and even Grandchildren!
In this eye-opening episode of Eldercare Success, Nancy May delves into the alarming world of elder romance scams, with her guest, James Feldman a fully accredited Professional Relationship Coach and romance scam protection expert.
In our conversation, we dive into this $3.1 billion industry (as reported by the FBI). We explore the heart-wrenching reality of not just how retires lose their life savings, but also how these criminals are scamming and abusing children and adults of all ages.
There are a lot of tips in this episode that you can learn from. Listen to the end for extra details on how James Feldman has worked with the FBI, to put a number of these criminals behind bars. He'll tell you how you can do the same should you be suspicious that someone is trying to pull a dating scam on your parent too. Even the Federal Trade Commission (FTC) is working on this one.
Key topics covered:
- Understanding Elder Romance Scams: We break down how con artists use dating apps and online platforms to prey on lonely, older individuals
- How to Recognize Red Flags: How to ID a scammer's fake profile.
- Tips on how to report losses: and potentially recover lost funds.
- Prevention Strategies: for your entire family.
- Taking Action: Steps to take if you suspect your elderly parent is being catfished.
- Practical resources: links that you should know about.
This episode of Eldercare Success is a must-listen for caregivers or families concerned about protecting their aging parents from the emotional and financial devastation of romance scams. Sadly, this is a growing issue that impacts all of us. Even for ourselves!
Helpful Episode Links:
Guest: James D. Feldman provides advice and resources to help individuals recognize and avoid romance scams. He shares valuable information and strategies to protect people from becoming victims and advises on maintaining safe and healthy connections. He educates individuals on recognizing red flags and developing healthy dating practices to avoid falling victim to romance scams and guidance to individuals who have fallen victim to romance scams and helps them navigate the aftermath of the scam. He has worked in coordination with the FBI to identify, find, and get romance scammers prosecuted. A number have been incarcerated. All have received some type of fine or faced arrest.
Host: Nancy A. May, Eldercare Success, and Five-Star Author, How to Survive 911 Medical Emergencies: Step-by-Step Before, During, After. Nancy has gone from a career working with some of the most recognized corporate CEOs and boardroom directors to the Emergency Room to care for her aging parents and educate business owners, corporate employees, and leaders on how to do so with confidence. She saved her parents from financial abuse and ruin and recouped over $260k/year while identifying poor-quality care.
Nancy is also an award-winning expert in managing the complexities of caring for an aging parent or family member, even from over 1200 miles away, or more. You can get a Free File-of-Life at www.howtosurvive911.com. Nancy is also the Co-Founder of CareManity LLC, and the private FaceBook group, Eldercare Success.
Disclaimer: The views, perspectives, and opinions expressed in this show are those of the show guests and not directly those of the companies they serve or that of the host or the producer CareManity, LLC. The information discussed should not be taken as medical, legal, or financial advice. Please seek advice from your own personal medical, legal, or financial advisors as each person’s situation is different. (c) Copyright 2024 CareManity, LLC all rights reserved. CareManity is a trademark of CareManity, LLC.
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