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Seniors offer an easy jackpot for scammers, to the tune of $3 billion in losses annually. They are often homeowners, sitting on top of savings, and in good credit. They are often homeowners ...
For more great retirement tips and stories for seniors, please sign up for our free newsletters. Check out the 50+ section on our website, too. fizkes/istockphoto
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
Unfortunately, there are a number of scammers who target elderly, retired people -- and these scams can get very costly. Such was the case with a recent scam that occurred in Peachtree City ...
The See Clearly Method was an eye-exercise program that was marketed as an alternative to the use of glasses, contact lenses, and eye surgery to improve vision. Sales were halted by legal action in 2006. The method is not supported by basic science, and no research studies were conducted prior to marketing.
Reports on the purported scam are an Internet hoax, first spread on social media sites in 2017. [1] While the phone calls received by people are real, the calls are not related to scam activity. [1] According to some news reports on the hoax, victims of the purported fraud receive telephone calls from an unknown person who asks, "Can you hear me?"
Here's some tips to ensure you or others you know (it's good to alert older residents) don't fall prey to the scam: Remember that the government or legitimate businesses would not ask you to ...
IRS and Social Security scams have been on the rise recently, exacerbated by using stimulus checks and new IRS rules as excuses to convince people to give up their money. Senior Stimulus: Which ...