Home / News / Opinion / Article / mid-day editorial: Don't get robbed in your silver age

mid-day editorial: Don't get robbed in your silver age

<p>A South Mumbai couple in their silver age nearly ended up penniless after the wife &ndash; who was in her eighties &ndash; put her trust in the wrong man, who robbed them of Rs 1.14 crore</p>

Listen to this article :

A South Mumbai couple in their silver age nearly ended up penniless after the wife - who was in her eighties - put her trust in the wrong man, who robbed them of Rs 1.14 crore. Posing as a helper, the conman started taking care of the accounts of the partially blind woman, who was rapidly losing her memory. This supposed helper fraudulently transferred all her accounts to his name, persuading her to give him power of attorney, so he could sell shares, liquidate fixed deposits, and finally filch the big sum. He is now cooling his heels in judicial custody, thanks to the woman's determined husband, who cottoned on to the scam and pursued the case till the very end.

This story has a lesson for senior citizens, who are especially vulnerable because their faculties may be failing, leading to errors in judgment. We read about so many crimes against seniors, such as break-ins and thefts, many of these perpetrated by domestic helps or even by those in the family. There are relatives who will take advantage of failing memory and flailing limbs in order to squeeze money or assets of the elderly. Even educated, well-read seniors can become targets for conmen.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Rahul da Cunha: In support of potholes

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement