I got a call this week from a friend of mine, Sandy*, and she was really upset. Her mother, who is 84, got a call from someone claiming to be from the IRS. The caller told Sandy
You bet they are and here is why!
Consumers lose billions of dollars each year to fraud. People over age 50 are especially vulnerable and account for over half of all victims, according to a study conducted by AARP. But as people reach the 70 plus age the numbers sky rocket. While most of the fraud and identity theft are a result of phone conversations, another form of scam always pops up in the spring.
Bad guy “Fraudsters” target your senior loved ones everyday. Identity theft is rampant!
Add to this security breaches such as at Anthem and other financial/health care institutions put our elderly at even more risk of fraud and scams!
Usually credit monitoring is made available at no cost to the victims of the breach! Credit monitoring is only a temporary “band aid.”
The #1 prevention tool for preventing identity theft- and fraud- is a credit freeze.
Your credit score number is sold to you by marketing credit bureaus hoping to lend
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 number of people in that age group will double in the next century and the oldest old are the fastest growing portion of that group.
Elder financial abuse is becoming more and more common. Check out this video from USA Today on the rapidly advancing problem then visit www.seniorfraudalert.com for our solution.
It may be time to click your heels together and shout,
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.
Although you and I can’t imagine cheating anyone- especially a sweet-natured senior citizen- thousands of other people can.In fact, they make a career of lurking in the shadows, waiting to the win the trust of your aging mother, beloved grandfather or isolated, elderly neighbor.