But that even those closest to an elderly person can give in to temptation or desperation.
In cases involving a person known to the victim, trusted helpers like caretakers, handymen, friends, "sweethearts," children, lawyers and others seized upon opportunities to forge checks, steal credit cards, pilfer bank accounts, transfer assets and generally decimate elders' finances, the study revealed.
As a subset, the percentage of robberies and crimes classified as "scams perpetrated by strangers" increased from 9% to 28% from 2008 to 2010. Also prime for the picking were people between the ages of 80 and 89 who lived alone and required some help with either health care or home maintenance.
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Parents traditionally use nanny cams to monitor how an au pair or babysitter interacts with a child in the parents' absence.
However, this is not the only application for nanny cameras. A nanny cam is essentially a video camera system that is disguised as a typical household item such as a clock, radio, boom box, VCR, lamp, smoke detector, child s toy or something else.
And, they also offer a video recording option (for an extra fee) that saves past video to a cloud, so you can rewind and review what you missed.
One of the best products available today that does all this and more is the Nest Cam, which costs 9, but if you want their video recording option, it's an extra 0 per year for a 10-day video history, or 0/year for 30 days.
As for "trusted advisers," exploitation from the business sector accounted for 12% of reported cases.
Medicare and Medicaid fraud accounts for 4% of reported cases. The study, produced by the Met Life (MET) Mature Market Institute in collaboration with the National Committee for the Prevention of Elder Abuse and the Center for Gerontology at Virginia Polytechnic Institute, shows women were nearly twice as likely to be victims of elder financial abuse as men.
Can you recommend some good home video monitoring devices that can help my sister and me keep an eye on our elderly mother?