LOOKING OUT FOR YOU: STAYING SAFE FROM ELDER FRAUD

May 26, 2025

At YNCU, we care about more than just your money—we care about you. Sadly, fraud targeting older adults is becoming more common, and we want to make sure you and your loved ones stay safe.

What Is Elder Fraud?

Elder fraud happens when someone tries to trick an older adult into giving away money or personal information. Sometimes it’s a scammer you don’t know. Other times, it might be someone who seems trustworthy. Either way, it’s not your fault—and you’re not alone.

A Few Red Flags to Watch For:

Unexpected phone calls, texts, or emails that feel urgent or push you to act fast

· Strange or unfamiliar activity on your accounts

· A new “friend,” caregiver, or even a relative getting involved in your finances

· Someone telling you to keep your financial decisions a secret

Simple Ways to Protect Yourself:

· Be careful when sharing personal or financial info, especially over the phone or online

· If something doesn’t feel quite right, talk to a family member—or give us a call

· Turn on account alerts so you can keep an eye on your money

· Make sure your Power of Attorney is someone you trust, and review it every few years

If something doesn’t sit well with you, trust your gut. Please reach out—we’re always here to listen, no judgment, no pressure. It’s always better to ask than to worry.

You’ve worked hard for what you have. Let’s work together to keep it safe.