Elder Fraud and Junk Mail

courtesy of DailyCaring.com
Elder Fraud and Junk Mail photo

Do your elderly parents get a lot of junk mail? It could make them vulnerable to financial scams. Here are some recommended options to get rid of your older adult’s junk mail and reduce their risk of being scammed.

Elder fraud is a billion dollar problem

Unscrupulous fraudsters are making a business of taking advantage of older adults. The worst part is that many are succeeding.

Almost four out of ten seniors are affected, losing over $36 billion each year to financial abuse, and this isn’t only happening to the very old or those with dementia. Younger, more educated seniors are actually losing more money.

A surprising fact is that the junk mail your older adult gets is a sign of fraud risk. It means their names are on multiple mailing lists that scammers can use to contact them.

We found four highly recommended options to get rid of your older adult’s junk mail and reduce their risk of being scammed.

Reduce fraud risk by getting rid of junk mail

Putting a stop to the junk mail being sent to your older adult’s house is essential for reducing their fraud risk.

It also reduces the risk that someone with early dementia would repeatedly donate to multiple charities, sign up for many credit cards, or spend an excessive amount on catalog purchases.

You deserve a comfortable retirement.

Subscribe to After 50 Finances, our weekly newsletter dedicated to people 50 years and older. Each week we feature financial topics and other issues important to the 50+ crowd that can help you plan for a comfortable retirement even if you haven't saved enough.

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Subscribe to After 50 Finances, our weekly newsletter dedicated to helping you plan for a comfortable retirement even if haven't saved enough. Subscribers get The After 50 Finances Pre-Retirement Checklist for FREE!

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Four options for getting rid of junk mail

We found four ways to get your older adult off of direct marketing mailing lists. They were recommended by a woman with a lot of experience. She found and used these resources while on a mission to stop her grandmother’s flood of junk mail. She had been getting 130 pieces each week!

1. DMAChoice

Stops mail from companies that your senior has never purchased from or donated to. Use the “Register as a Caretaker” link toward the bottom of their homepage. The junk mail expert says this is the #1 way to stop junk mail and that most people will only need to do this.

2. National Do Not Mail List

This is another company you can use to opt-out from junk mail. It’s independent from DMAChoice.

3. Opt-Out Pre-Screen

This company stops credit card offers. They will ask for a Social Security Number. The junk mail expert says this is legitimate because that’s the way the credit bureaus identify the person.

4. InfoCision

This is a telemarketing company, but they also manage mailing lists for their clients. Call (330) 668-1400 or email infocis@infocision.com to request removal from their lists. This also helps reduce those pesky telemarketing phone calls.

Note: Don’t be discouraged if the junk mail doesn’t stop instantly. Most companies prepare their mailings three months ahead of time, so it will take about three months to see a reduction in junk mail.

Getting rid of junk mail might seem like a lot of work, but it is well worth it if you can protect your older adult from losing their life savings to fraud.

Reviewed January 2021

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You deserve a comfortable retirement.

Subscribe to After 50 Finances, our weekly newsletter dedicated to people 50 years and older. Each issue features financial topics and other issues important to the 50+ crowd that can help you plan for a comfortable retirement even if you haven't saved enough.

Debt ChecklistSubscribers get The After 50 Finances Pre-Retirement Checklist for FREE!

Your Email:

You deserve a comfortable retirement.

Subscribe to After 50 Finances, our weekly newsletter dedicated to people 50 years and older. Each issue features financial topics and other issues important to the 50+ crowd that can help you plan for a comfortable retirement even if you haven't saved enough.

Debt ChecklistSubscribers get The After 50 Finances Pre-Retirement Checklist for FREE!

Your Email:

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