Experts reveal how to shield seniors from financial scams and power of attorney risks

A free public event will offer advice on protecting older adults from financial scams. Experts will explain the risks linked to powers of attorney and share ways to stay safe. No registration is needed to attend the session.

Older people often give trusted individuals power of attorney for financial or general support. But scammers keep finding new ways to exploit such arrangements. While no recent studies or consumer reports detail how many seniors in Germany have granted full powers of attorney, the risks remain a concern.

Olga Fröhlich from the North Rhine-Westphalia Consumer Advice Centre and Sigrid Jung of the Cologne Police will lead the discussion. They will outline the latest scams and provide practical safety advice. The event aims to help attendees recognise threats and take preventive steps.

The session will give clear guidance on avoiding fraud linked to powers of attorney. Attendees can learn how to spot scams and protect their finances. The event is open to all, with no need to sign up in advance.