Safe At Home (Part 2): Your Identity - Skip to content

Safe At Home (Part 2): Your Identity

Click on this banner & support the sponsor of this post

There are myriad ways the unscrupulous can and do take advantage of older adults, as we’ve touched on in this post about financial fraud. In Part 1 of our Safety series, we looked at one smart way to protect a senior’s health and personal safety. But what about one’s identity? We read a lot about identity theft, especially online. Yet even someone who rarely or never uses the Internet can fall victim to an identity theft scam.

reverse mortgage newsTwo of the easier and more common ways identity thieves steal seniors’ personal information involve “contests” and, perhaps surprisingly, Medicare. Here are some scenarios and solutions to help your reverse mortgage clients and prospects protect their assets:

In the first instance, an identity thief phones a senior and tells them they’ve just won a sweepstakes. While this can sound compelling to someone of any age, an older person, especially if they are lonely or in need of funds, may be particularly vulnerable. And the thieves are becoming more wily. Since many people know not to send money through the mail, identity thieves now ask for a senior’s checking account number, “so the winnings can be direct deposited into your account.” This alone isn’t damaging — your checking account number appears on the bottom of every check you write — but then the caller requests the account’s debit card number and PIN to verify the deposit, “in case there is any problem.” By the time a family member or another concerned person investigates, the unsuspecting senior’s funds are gone.

Even more insidious is the Medicare card scheme. Many seniors keep their Social Security card, Medicare card, and other vital information in their wallet, something they’ve always done and deem the best place to have the information handy for doctor visits. Yet if a senior is hospitalized, or even spends time in a medical office, it’s all too easy for these cards to be “mislaid” by an opportunist, and the information used to drain a senior’s resources.

Instead, experts advise, make a copy of your Medicare card, black out your SSN, and carry this copy with you instead. This will enable you to receive treatment in an emergency, and you can write your SSN on any forms necessary once you’re in the medical facility.

It’s also crucial for seniors who delight in the wonders of the digital age to understand how to keep their personal data secure, avoid “phishing” sites and emails, and only send sensitive information or payments over encrypted sites. One way seniors can protect their searches from seizure is by using, a free browser that allows you to block companies from tracking you. If someone prefers to stay with the browser they’re familiar with, they should set their privacy options to block both tracking and third-party “cookies.”

The Federal Trade Commission provides a thorough web page on how to keep your personal information secure at any age. AARP also offers a range of identity theft protection plans for individuals and families.


Leave a Comment


  1. Another very prevalent way thieves can steal your money is through your debit card when you charge at a gas station. Always say “Yes” to getting a receipt and then push the “Clear” button at the gas pump. That wipes out any information someone else can use.

    At retail stores, when you use a debit card it usually asks if you want any additional money back. ALWAYS check your receipt before walking away from the cash register to be sure the cashier didn’t say “Yes” and take money out of your account, and you didn’t know about it. Much has been reported about this ongoing theft.

    Lastly, try to keep your eye on the card and not let anyone copy any information when it is out of your sight.

  2. Thanks, Amara.

    It is important we are very of the fraud being perpetrated against seniors. It would be great if NRMLA did the same as to the schemes being utilized using HECMs.

  3. Dick,

    These are excellent additional suggestions, thank you! In fact, I just learned about the “Clear” button at gas pumps from an 87-year-old friend who emailed me an article about exactly what you describe. Now I’ll be sure to use it, too.

    Something else that has always concerned me is patrons leaving the receipt for a restaurant meal on the table for the server to collect later. I generally walk my bill up to the cash register so the restaurant copy will go immediately to a safe place. My copy goes into my purse.

    Paying attention in all transactions is key. Thanks again.

Add a Comment

Your email address will not be published. Required fields are marked *


Recent Stories


Subscribe to join our World

Get the latest reverse mortgage news delivered straight to your inbox.