State joins push to protect elderly from financial scams

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Indiana doctors may soon check on patients' financial health as part of a program that teaches health care providers how to spot victims of financial scams.

The state is joining nearly two dozen others in the Elder Investment Fraud and Financial Exploitation Prevention Program. The effort aims to educate medical professionals about how to recognize people who could be vulnerable to financial abuse and refer any suspected fraud to state securities regulators.

A survey earlier this year showed that one in five Americans older than 65 has been the victim of a financial swindle. Many are vulnerable because of cognitive issues.

Dr. Ann Moore of St. Joseph Medical Group tells Fort Wayne's Journal-Gazette that the signs a patient is being abused physically, mentally, sexually or financially are similar.

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