Fraud is illegal!

Matt Queen
Communications Manager

Did you know that one-third of all elder abuse cases involve financial fraud from family members, friends, and caregivers?

Did you also know that most fraud cases go unreported?

Anybody can be a victim of caregiver fraud.  It happens across age, gender, and socioeconomic lines.  Still, fraud is often under-reported.  Why?

• Victims have close ties to the offender(s) and are protective.
• Victims think they are partially to blame.
• Victims can feel ashamed.

Throughout January, iLIFE is highlighting fraud identification and prevention. 

Educating consumers about fraud encourages participants to speak up when taken advantage of.  Knowing the criminal penalties for fraud can also discourage caregivers from abusing their employers.

As a financial management services provider, preventing fraud and protecting consumers is our priority.  Talk about fraud with the people you serve.  Starting the conversation will protect participants, strengthen your services, and maintain the integrity of long-term care programs.

Check out the iLIFE LinkedIn page for an info-graphic we share with consumers to introduce and define fraud.