by David Brancaccio of NPR’s Marketplace
Listen to the broadcast. Shannon Miller was interviewed by David Brancaccio of NPR’s Marketplace for his radio broadcast on age-associated financial vulnerability. Financial vulnerability is thought to make older adults more susceptible to scams. According to the research, “There is neuroscience and psychological data to suggest our ability to detect sketchy situations may decline. Or, we may become prone to seeing the upside of a risky deal and blow off the downside. Some people are more inclined to believe the last person they spoke to. Others may lose the ability to push back on a high-pressure predator.” Along with physical changes in the brain, there are other social and psychological factors that may also be contributing to financial vulnerability.
While scientists are focusing on the research needed to uncover financial vulnerability, we can work toward prevention. In Florida, the Injunction for protection against exploitation of a vulnerable adult statue is a tool to freeze assets of a vulnerable adult being exploited. Shannon, along with her colleagues and legislators, was instrumental in the drafting and adoption of this new law.
Shannon reacts, “I adore David Brancaccio! Listen hard— this could happen to any of us and our loved ones! Listen for my little voice here and there. The exploitation epidemic is real and the science of the doubt deficit needs a lot more scientific exploration.”
If you suspect financial exploitation, please contact us at 352.379.1900 or complete the form below. We are experts in financial exploitation and recovery of assets.
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