Investment & Reverse Mortgage Schemes

Investment Schemes As people plan for retirement, senior citizens may fall victim to investment schemes. These may include advance fee schemes, prime bank note schemes, pyramid schemes, and Nigerian letter fraud schemes.  Reverse Mortgage Scams The FBI and the U.S. Department of Housing and Urban Development Office of Inspector General (HUD-OIG) urge consumers, especially senior […]

Funeral and Cemetery Fraud

Keeping with our theme of seniors being more aware of scams and fraud. Here are some basics on avoiding Funeral and Cemetery Fraud.   Tips for Avoiding Funeral and Cemetery Fraud: Be an informed consumer. Take time to call and shop around before making a purchase. Take a friend with you who may offer some perspective to […]

Telemarketing Fraud Targets Seniors

Telemarketing Fraud: Source: http://www.fbi.gov/scams-safety/fraud/fraud#telmkt Telemarketing Fraud When you send money to people you do not know personally or give personal or financial information to unknown callers, you increase your chances of becoming a victim of telemarketing fraud. Here are some warning signs of telemarketing fraud—what a caller may tell you: “You must act ‘now’ or the […]