“This action underscores how huge this problem is,” said Liz Loewy, general counsel and senior vice president of industry relations for EverSafe, a company that specializes in detecting financial abuse and exploitation, and former chief of the Elder Abuse Unit in the Manhattan District Attorney’s office.
“This sweep is striking to me because it is focused on the problem of strangers perpetrating these schemes. Everyone thinks it is not going to happen to them, but this shows it can happen to them or their parents of grandparents,” she said. “Everyone needs to protect themselves.”