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Seniors lose more money by far to scams than any other demographic, with the median loss totaling $350, the Better Business Bureau found. And not surprisingly, there has also been a tide of ...
Victims aged 60 or over who need assistance with filing a complaint can contact the Justice Department's Elder Justice Hotline, 1-833-FRAUD-11 (or 833-372-8311).
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
A new report from Retirement Living has revealed that Georgia ranks No. 1 in the nation for fraud victims, with 1,564 reports per 100,000 residents.. The peach state also has the highest rate of ...
The Senior Medicare Patrols (SMP) are a group of volunteer organizations funded by the United States Department of Health and Human Services, which educate U.S. senior citizens on how to prevent, detect, and report Medicare and Medicaid fraud, error, and abuse.
Contact your local Senior Medicare Patrol office (877-808-2468 is the national number) or State Health Insurance Assistance Program (often known as SHIP). “Senior Medical Patrol is a group of ...