Experts warn of rising fraud schemes targeting older adults in free public session

Experts warn of rising fraud schemes targeting older adults in free public session

A poster with text and a logo that reads "When companies sneak hidden junk fees into families' bills, it can take hundreds of dollars a month out of their pockets."

Experts warn of rising fraud schemes targeting older adults in free public session

A free public event will address the growing threat of fraud targeting older adults. Experts Olga Fröhlich and Sigrid Jung will share insights on the latest scams and how to stay safe. The session aims to raise awareness about financial risks faced by vulnerable groups.

Older people often rely on family or friends for help with finances or legal matters. Granting power of attorney can simplify support but also opens doors for abuse. Scammers frequently exploit trust, using tactics like impersonating utility workers or fabricating emergencies.

Olga Fröhlich from the North Rhine-Westphalia Consumer Advice Center and Sigrid Jung of the Cologne Police will lead the discussion. While details of new fraud methods remain unclear, the event will focus on practical safety advice. Organisers stress the need for vigilance as scams become more sophisticated.

The event will offer clear guidance on protecting personal and financial information. Attendees can expect actionable tips to recognise and avoid fraud. No prior registration is required for this free session.

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