Protect Yourself from Fraud or Abuse

Keep these important tips in mind so you can protect yourself from financial exploitation and abuse by those you do or don’t know:

• Make a plan to protect your assets and to ensure your wishes are followed. Talk to someone at your financial institution, an attorney or financial advisor about the best options for you. Using advanced directives is a good start.
• Never give personal information to anyone over the phone unless you contact them.
• Sweepstakes or lottery "winnings" are free; there is never a fee to collect on these.
• Never rush into a financial decision, especially over the phone. Ask for details in writing and get a second opinion after reviewing any documentation.
• Never sign any document you don’t understand. Consult with a financial advisor or attorney first.
• Get to know your banker and build a relationship with the people who handle your finances. They can look out for any suspicious activity related to your account.
• Check references and credentials before hiring anyone. Don’t allow workers to have access to information about your finances. Never ask a hired caregiver to write out checks for you unless they are an accredited and bonded money management company.
• Pay with checks and credit cards instead of cash to keep a paper trail for bills. But, when out to dinner use cash so your credit or debit card are kept safe.
• Feel free to say "no" to anyone who wants money from you when you feel uneasy; follow your gut instinct.
• You have the right not to be threatened or intimidated. If you think someone close to you is trying to take control of your finances, call your local Adult Protective Services 1-800-962-2873.