Episode 107

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Published on:

14th Feb 2024

Elder Romance Scammers: How to Protect our aging parents and our entire family

Elder Romance Scammers: Safeguarding Hearts, Wallets, and even Grandchildren!

In this eye-opening episode of Eldercare Success, Nancy May delves into the alarming world of elder romance scams, with her guest, James Feldman a fully accredited Professional Relationship Coach and romance scam protection expert. 

In our conversation, we dive into this $3.1 billion industry (as reported by the FBI). We explore the heart-wrenching reality of not just how retires lose their life savings, but also how these criminals are scamming and abusing children and adults of all ages. 

There are a lot of tips in this episode that you can learn from. Listen to the end for extra details on how James Feldman has worked with the FBI, to put a number of these criminals behind bars.  He'll tell you how you can do the same should you be suspicious that someone is trying to pull a dating scam on your parent too.  Even the Federal Trade Commission (FTC)  is working on this one.  

Key topics covered:

  • Understanding Elder Romance Scams: We break down how con artists use dating apps and online platforms to prey on lonely, older individuals
  • How to Recognize Red Flags: How to ID a scammer's fake profile.
  • Tips on how to report losses: and potentially recover lost funds. 
  • Prevention Strategies: for your entire family.
  • Taking Action: Steps to take if you suspect your elderly parent is being catfished. 
  • Practical resources:  links that you should know about. 

This episode of Eldercare Success is a must-listen for caregivers or families concerned about protecting their aging parents from the emotional and financial devastation of romance scams. Sadly, this is a growing issue that impacts all of us. Even for ourselves! 

Helpful Episode Links:

Guest: James D. Feldman provides advice and resources to help individuals recognize and avoid romance scams. He shares valuable information and strategies to protect people from becoming victims and advises on maintaining safe and healthy connections. He educates individuals on recognizing red flags and developing healthy dating practices to avoid falling victim to romance scams and guidance to individuals who have fallen victim to romance scams and helps them navigate the aftermath of the scam. He has worked in coordination with the FBI to identify, find, and get romance scammers prosecuted. A number have been incarcerated. All have received some type of fine or faced arrest.

Host: Nancy A. May, Eldercare Success, and Five-Star Author, How to Survive 911 Medical Emergencies: Step-by-Step Before, During, After. Nancy has gone from a career working with some of the most recognized corporate CEOs and boardroom directors to the Emergency Room to care for her aging parents and educate business owners, corporate employees, and leaders on how to do so with confidence. She saved her parents from financial abuse and ruin and recouped over $260k/year while identifying poor-quality care.

Nancy is also an award-winning expert in managing the complexities of caring for an aging parent or family member, even from over 1200 miles away, or more. You can get a Free File-of-Life at www.howtosurvive911.com. Nancy is also the Co-Founder of CareManity LLC, and the private FaceBook group, Eldercare Success.

Disclaimer: The views, perspectives, and opinions expressed in this show are those of the show guests and not directly those of the companies they serve or that of the host or the producer CareManity, LLC. The information discussed should not be taken as medical, legal, or financial advice. Please seek advice from your own personal medical, legal, or financial advisors as each person’s situation is different. (c) Copyright 2024 CareManity, LLC all rights reserved. CareManity is a trademark of CareManity, LLC.

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About the Podcast

Eldercare Success
Doing It Best with Eldercare Success
Join us in Doing it Best with Eldercare Success where we explore ways to relieve the stress, exhaustion and overwhelm that we all face in caring for an aging parent, frail spouse, or partner. Fear, frustration, emotional and financial strain do not have to be your MO! In this show, we dive into unraveling the tricks, traps, and gotchas that create more questions than answers while caring for those we love.
Join Nancy May, and her guests as she helps relieve the pressures and delivers solid ways to find more joy and freedom as we care for those with those we love. Here you’ll learn how to find the ground under your feet again. Hang tight there’s a better road ahead.
keeping our feet on solid ground. Hang tight there’s a better road ahead.

About your host

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Nancy May

Nancy May is a corporate leader, business advisor, author, speaker, and nationally recognized podcast host. She has spent her career working with CEOs, Boards of Directors, and senior leaders in the public and private corporate sectors. These experiences gave her the strength and foundation to step in and provide her parents with guidance and support, both as their POA and Trustee, and diehard advocate as they aged. Nancy credits her father an entrepreneur, innovator of innovative eyewear design, and her mom for encouraging and preparing her to acquire the many skills needed to start, build, and lead several successful businesses. She has transitioned these competencies and life lessons to into her new business, CareManity, LLC, which focuses on providing family caregivers structured ways to obtain practical knowledge, resources, and access much-needed support.