This article was shared on Consumer Financial Protection Bureau. Our Office for Older Americans is working to provide older consumers and their families with the tools and information they need to protect themselves from frauds and scams. Scams that target older people occur every day, but you can count on scammers to ramp up their… Continue reading Beware of scams targeting older people during the holidays
by Lisa Weintraub Schifferle Attorney, FTC, Division of Consumer & Business Education This article was originally shared on Consumer Information FTC If you get a call that looks like it
The Internet has revolutionized the way we do just about everything. From buying groceries to talking to friends and family to finding out the latest news, the World Wide Web puts seemingly infinite possibilities right at our fingertips. However, along with all of the good stuff we love about the Internet, there are unfortunately plenty… Continue reading Online Safety for Seniors: How to Spot Fake News, Medicare Fraud, and Phishing Scams
Last evening, my longtime friend, Beth, called to tell me about her elderly Aunt Mary. As the story unfolded, I quickly but sadly realized that Aunt Mary was another example of just how vulnerable seniors are against smooth-operating criminals.
Unfortunately, the most vulnerable segment of American society to scams, frauds and cons are those people ages 65 and older. Since the last census taken in 2010, the trends reported say that age group is also one of the fastest growing segments of population in the United States. In fact, it is projected that the… Continue reading Exploding Senior Population Means More Will be Target of Scams and Frauds
It is distasteful but it happens all the time. Seniors being scammed. With the holiday season just around the corner, scammers are becoming more creative in the plot to scam seniors.