AI & Senior Scams: Protecting Our Elderly in the Digital Age

October 9, 2024

Topic: AI & Senior Scams: Protecting Our Elderly in the Digital Age

n this presentation, Sam Gopinathan addresses the growing threat of AI-driven scams targeting seniors. The key points discussed includes Background and Challenges, AI’s Role in Scams, Vulnerability of Seniors, Impact of Scams, Protective Measures, Community and Technology Recommendations. Overall, the presentation underscores the importance of a multi-faceted approach involving technology, education, and community support to safeguard seniors against AI-driven scams. Per FBI reports, Senior scams have increased by 14% in 2023, which resulted in a loss of $3.4 billion to the seniors. Average loss to the victims were about $33,915. These stats highlight the threat of AI in financial crimes targeting seniors. Click here to download a copy of this presentation.

Sam Gopinathan presents at Fiduciary Round TableSpeaker: Sam Gopinathan, CEO of New Wave Home Care

Sam Gopinathan is the founder and CEO of New Wave Home Care, a home care agency based in Pasadena, California. With a background in mechanical engineering and management, Sam transitioned into the home care industry driven by a personal experience Under his leadership, New Wave Home Care focuses on providing high-quality, personalized care services to seniors and individuals with disabilities, emphasizing compassion and professionalism. The agency offers a range of services, including in-home care, respite care, and specialized care for individuals with conditions like Alzheimer’s and Parkinson’s. Sam’s commitment to improving the quality of life for his clients is evident in the agency’s reputation for excellence and client satisfaction. Sam is personally involved to ensure his clients are protected from scams targeting seniors.