At a time of year when many of us are purchasing gift cards to enable loved ones to buy something of their choosing, data from the Federal Trade Commission reveal that, increasingly, criminals are separating...
Median loss to fraud higher for adults in their 80s than for any other age group: FTC
By
Lois A. Bowers
Nov 01, 2021
Adults 80 or older who made fraud reports to the Federal Trade Commission’s Consumer Sentinel Network, or who had reports made on their behalf, lost a median of $1,300 to fraud in 2020, according to...
Medicaid fraud discovered because of murder pushes nationwide assisted living monetary recoveries to...
By
Lois A. Bowers
Apr 01, 2020
Efforts by state Medicaid Fraud Control Units resulted in a total of 23 criminal convictions and more than $2.2 million in criminal monetary recoveries related to assisted living in fiscal year 2019, according...
Adults 80+ have higher median reported losses from fraud than other age groups — by far
By
Lois A. Bowers
Oct 24, 2019
Adults aged 80 or more years have reported to the Federal Trade Commission median losses of $1,800 per person due to fraud so far this year, according to new data released Wednesday along with a report...
Assisted living community hit with False Claims Act lawsuit for $1.1 million in Medicaid claims
By
Lois A. Bowers
May 31, 2017
The Maryland attorney general is seeking civil penalties and treble damages to the state in a lawsuit against an assisted living community he says submitted false Medicaid claims totaling $1.1 million...
Imposter scams move up on FTC list of top consumer complaints
By
Lois A. Bowers
Mar 07, 2017
The Federal Trade Commission’s list of top consumer complaints has a new No. 2: imposter scams, according to a new report from the agency.
Win against fraud with these 4 approaches
By
Lois A. Bowers
Feb 27, 2017
The Jamaican lottery scam and other sweepstakes schemes are alive and well. So how do you help your residents avoid becoming victims? Read on.
Anti-fraud efforts must include senior living, hearing witness says
By
Lois A. Bowers
Feb 15, 2017
Efforts to stop or prevent the financial exploitation of older adults should include assisted living and continuing care retirement communities, as well as personal care and nursing homes, because residents...
5 big issues in senior living in 2016
By
Lois A. Bowers
Dec 29, 2016
Looking back on our coverage of the senior living industry and the issues that affected it in 2016, several common themes emerge. Five are detailed in this year-end review.