Nearly 1 in 10 American senior citizens are abused or neglected each year, yet only 1 in 14 cases of elder abuse is brought to the attention of authorities, according to the U.S. Department of Health & Human Services Administration for Community Living. Elder abuse can mean physical and psychological harm, but it also may manifest through financial exploitation and theft.
Scammers are misusing SSA’s authority in several phone schemes to trick people into giving them money or personal information.
To recognize World Elder Abuse Awareness Month, the OIG and SSA discussed elder abuse detection and prevention during a Facebook Live broadcast.
People with Medicare should start receiving their new card in the mail this month.
A recent Government Accountability Office report found that seniors lose $2.9 billion a year to financial-exploitation schemes.
OIG auditors recently estimated the amount of misdirected benefit payments from 2014 to 2016 was considerably less than in 2013.
The Centers for Medicare & Medicaid Services is preparing to issue new cards that will use unique numbers in place of cardholder Social Security numbers.
OIGs are warning the public about government imposter scams and pursuing perpetrators of these theft schemes.
While the vast majority of SSA's representative payees properly manage beneficiary funds, the threat of payee misuse remains.
While most people are working to file their returns, others cheat unknowing victims and the IRS through tax fraud schemes.