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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.
The latest scam is claiming that adults over the age of 51 can get a spending card through certain government programs. However, no programs exist and Social Security benefits are limited to ...
Free money always comes at a cost. Many are now learning this the hard way, as scammers are increasingly trying to trick potential victims with offers of fraudulent government grants. Consider: 5 ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
An automated message says "that someone has ordered a free medical alert system for you, and this call is to confirm shipping instructions" before the call is transferred to a live operator who requests the elderly patient's credit card and identity card numbers. The device is not free; there is a high monthly charge for "monitoring".
The Health Alert Network (HAN) is a program run by the Centers for Disease Control and Prevention to provide public health assistance to American communities. [1] [2]The HAN project is intended to "ensure that each community has rapid and timely access to emergent health information; a cadre of highly-trained professional personnel; and evidence-based practices and procedures for effective ...
Seniors' level of vulnerability to this type of exploitation varies by the type of scam. For example, the AARP found that lottery fraud victims were more likely to be women over 70 living alone, with lower education, lower income, and less financial literacy, while victims of investment fraud were more likely to be men between the ages of 55 ...
Seniors did not grow up with email, so some are still unaware that if a message comes into the inbox from the IRS, Social Security Administration, Medicare or the bank, it's probably not authentic ...