Assisted living residents among those highlighted in Justice Department annual elder fraud report
By
Kimberly Bonvissuto
Oct 21, 2021
The Department of Justice brought more than 220 criminal and civil enforcement actions covering almost 20 different types of fraud targeting older Americans, according to the agency’s annual report...
Older adults at risk for real-world impersonation scams
Sep 27, 2023
The highest cognition and financial literacy was reported for older adults who engage but with skepticism.
Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
Residents an obvious target for financial scammers: expert
By
Amy Novotney
Jun 17, 2020
In any given year, the FBI estimates that millions of U.S. older adults are defrauded to the tune of approximately $3 billion. Further, just one in 44 of those cases are ever reported, according to the...
‘Ambiguous’ False Claims Act standard expected to be clarified by Supreme Court
By
Kathleen Steele Gaivin
Apr 25, 2023
A Supreme Court decision expected in June could give providers the necessary tools to protect themselves from unwarranted accusations of making fraudulent claims under that False Claims Act.
More than three-fourths of Americans say inflation is affecting their ability to save enough money for retirement, including paying for long-term care, according to a new survey.
Sizable number of older adults vulnerable to fraud, scams
By
Kimberly Bonvissuto
Sep 25, 2023
Results of a study using an experiment designed to mimic real-world imposter scams suggests that many older adults, including those without cognitive impairment, are vulnerable to fraud and scams, placing...
Assisted living residents, others, had more than $1.5 billion stolen in a year, DOJ says
By
Kimberly Bonvissuto
Nov 10, 2023
The Department of Justice brought almost 300 criminal and civil actions against more than 650 people who collectively stole more than $1.5 billion from more than 2.4 million older adults, including assisted...
Artificial intelligence ‘amplifying’ effect of scams against older adults
By
Kimberly Bonvissuto
Nov 17, 2023
Last year, older Americans reported losing more than $1.6 billion to fraud. And increasingly, scammers are using artificial intelligence to make their schemes more effective.
6 tips for effective crisis communication
By
Courtney Malengo, APR
Nov 27, 2017
In senior living, we have plans to mitigate disasters, address corporate compliance, handle elopement and assure quality. What plans do we have in place for crisis communication and reputation management?