Person accompanying the senior shows excessive interest in senior’s finances or accounts, does not allow senior to speak, or is reluctant to leave the senior’s side during conversations
The senior shows an unusual degree of fear, anxiety, submissiveness, or deference towards person accompanying him or her
Sudden appearance of previously uninvolved relatives claiming their rights to the senior’s affairs and possessions
The senior moves away from existing relationships and toward new associations with other “friends” or even strangers
The senior lacks knowledge about his or her financial status or shows a reluctance to discuss financial matters
You are unable to speak directly with the senior despite repeated attempts to contact him or her
The senior displays unexplained or unusual excitement over a financial windfall or prize check; may be reluctant to discuss details
Noticeable neglect or decline in appearance, grooming, or hygiene
You have the right to ask questions including what benefits the seller is receiving.
Make sure you understand the investment to include when you will have access to the funds invested. Review all of your statements and ask questions.
An investment may be right for you when you understand its terms and conditions, the risks involved, and your goals and needs are satisfied.
Receive and review all documentation regarding the status of your account and all transactions. Review for excessive trading, unauthorized transactions, and excessive fees that could be signs of potential fraud in your account.
It is important to understand the investment before you buy. Remember you can contact the Oklahoma Department of Securities.
Verify the terms of the investment.
Get all of the facts before you make any financial decisions.
Every day you delay reporting fraud or abuse is one more day that the fraudster is spending your money and finding new victims.
The Oklahoma Department of Securities has partnered with the Investor Protection Trust (IPT) to present the EIFFE program to medical professionals and attorneys to help them learn to spot possible elder financial exploitation of their patients and clients.Learn more
Information can be located at NASAA’s serve our seniors website.Learn more