By Michael Gurian
Author of The Wonder of Aging, with Jay P. Gurian, Ph.D.
My 83-year-old father lost every cent he had. It happened slowly, and he never knew it was happening. Neither did his kids (myself included)-nor did his two sisters, my aunts, nor the staff or his friends at the retirement community he lived in. When everything unraveled and the police and I talked, a detective said, "It'll take a while for us to get this criminal charged. We have so many of these cases a day to deal with. This is going on everywhere."
Here is what happened: A few months after the passing of my mother at my parents' longtime home in Santa Rosa, Calif., my father (a retired university professor and state department official), was told by his doctor that he needed to move to a drier climate because of his respiratory issues. He sold the house and moved to a retirement community in Las Vegas, where he had been raised decades before. His life was going well and he enjoyed relativelyRead More »from Is Grandpa the Target of a Financial Scam? 7 Ways to Protect Your Elderly Loved Ones