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September 19
1863 - Gen. Edward F. Beale loans money to A.A. Hudson and Oliver P. Robbins to erect toll house in Newhall Pass [story]
toll house


[KHTS] – Thanks to the partnership of the Los Angeles County District Attorney Jackie Lacey and the Rotary Club of Los Angeles, Rotary Clubs around the county have a new resource available to them, a public education campaign to help seniors avoid financial scams.

Lacey’s Office and the Rotary Club of Los Angeles, also known as LA5, have created pamphlets and training DVDs to help Rotary Club volunteers bring this important message to the seniors in their area.

Rotary Club Of Los Angeles Raises Awareness About Elder FinanciaStatistics reveal that one in five seniors has been the victim of a financial scam. The data also suggests that only one in 14 such incidents is reported to authorities.

District Attorney Lacey commended LA5 for its commitment to protecting seniors against financial fraud through education and outreach.

“The Los Angeles County District Attorney’s Office is pleased to team with LA5 and our seniors,” Lacey said. “If we can save one senior from experiencing the agony of losing their life’s savings then we have served our community well.”

LA5 also will work with other nonprofits to distribute printed materials to homebound seniors. The 3,000-member club and the District Attorney’s Office have a shared goal of deterring financial abuse against the elderly.

Rotary Club of Los Angeles–one of 65 other rotary clubs in the county–is part of Rotary International, a global human services organization.

A reported 70 percent of our nation’s wealth belongs to seniors, according to a press release from the District Attorney’s Office.

As a result, predators often target the elderly. Physical and cognitive limitations, trusting dispositions and loneliness are some factors that make elderly persons particularly susceptible to financial crimes, the release said.

The District Attorney’s Office website offers these tips for seniors to avoid financial scams.

  • Cancel all credit cards you are not using.
  • Never keep the Personal Identification Number for your ATM card in your wallet. If you need to write it down, be sure to keep it in a secure place.
  • Never give your credit or ATM cards to a family member or a friend to buy things for you. Whenever possible, give them cash or reimburse them with a check.
  • Try to balance your checkbook or have a trusted family member or friend do it for you on a monthly basis. Immediately inform your bank or credit card companies of any activity that does not appear to be your own.

“We are honored to work with District Attorney Jackie Lacey and her team as partners in this important Senior Scam Awareness Outreach project,” said Ken Chong, President of the Rotary Club of Los Angeles.

At a Monday morning news conference, District Attorney Lacey shared a personal account about her mother who was scammed over the phone. The scam artist told the District Attorney’s mother that one of her grandchildren had been jailed overseas and needed money wired immediately.

“Financial abuse is especially harmful because, for many seniors, recovering from a large financial loss can be almost impossible,” Lacey said. “Through this program, we aim to stop financial abuse by arming seniors with the knowledge necessary to avoid predators.”

For more information on the Rotary Clubs in Santa Clarita, contact the Santa Clarita Valley Rotary Club or the Santa Clarita Sunrise Rotary.

 

 

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1 Comment

  1. This is an issue that should be offered at least quarterly at the Senior Center to keep seniors informed of the various “tactics” that are used by financial fraudsters. I know I receive emails in the past year:
    Asking for cash;
    Telling me about relatives needing bail posted to a foreign country;
    Sending a copy of my bank account deposit slip for receipt of funds from a dead relative;
    Nigerian moving to the USA needs my account to post their funds and they’ll get in contact with me on arrival if I provide them bank information;
    Bank of America, Citicorp would like my pass code because the system unexpectantly went down last night; and the classic
    You have won the lottery (always in a country I have never visited. And the list goes on. . .

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LOS ANGELES COUNTY HEADLINES
Wednesday, Sep 18, 2024
The Counties of Los Angeles and San Bernardino today announced the opening of multiple joint Local Assistance Centers to assist residents impacted by the Bridge and Line Fires.
Wednesday, Sep 18, 2024
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Tuesday, Sep 17, 2024
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Friday, Sep 13, 2024
The 30th Annual Hart of the West Pow Wow will be held at William S. Hart Regional Park on Saturday and Sunday, Oct. 5-6.

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1863 - Gen. Edward F. Beale loans money to A.A. Hudson and Oliver P. Robbins to erect toll house in Newhall Pass [story]
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