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Texts, email, ads, and websites promising “free money" from the government are often scams. Learn the common signs of scams. Report scams to the Federal Trade Commission. Federal assistance programs can provide financial help with living expenses or business costs.
The most common financial scams targeting older people include government impersonation scams, sweepstakes scams, and robocall scams. Financial crimes against older adults can be devastating, often leaving people with no way to recoup their losses.
Common scams targeting seniors include AI-powered scams, funeral scams, tech support scams, government imposter scams, grandparent scams, internet scams, investment scams, check fraud,...
Common scams that target older citizens include romance scams, tech support scams, grandparent scams, government impersonation scams, sweepstakes and lottery scams, home repair scams, and...
Some send texts, emails, or messages on social media saying you might qualify for free money from the government. Scammers make big promises. They might say you can get free money or a grant to pay for education, home repairs, home business expenses, household bills, or other personal needs.
Keep up-to-date on the latest scams targeting senior citizens. Look for the warning signs of identity theft and fraud and talk about anything that feels suspicious. For added protection, consider signing yourself and your family up for Aura.
Fans posted their cash-transfer app identifier (or $Cashtag, in Cash App) for a chance at free money. Right away, scammers posing as celebrities started offering fake giveaways as a way to get people's private information. The scheme: You get a note via social media, email or text message, claiming you won!
So in response and to raise awareness, we have identified the top 10 scams that plague senior citizens in retirement, along with examples for each. Top 10 Scams Targeting Seniors Scam #1: Ponzi/Pyramid Schemes. In Birmingham, Alabama, a gentleman offered free tax work to a church whose members were largely 60 years and older.
These are the 8 most common scams targeting older adults. Being able to identify them is the first step to protecting yourself or a senior loved one.
Scams aimed at seniors can range from fraudsters who pedal bogus anti-aging products for less than $30 to a fake "cash award" racket that empties a $300,000 nest egg.