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
May 29, 2015 by Leave a Comment
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 […]
Tips for Avoiding Counterfeit Prescription Drugs
May 21, 2015 by Leave a Comment
Tips on how you can protect you and your family from fraud. Senior Citizens especially should be aware of fraud schemes. Tips for Avoiding Counterfeit Prescription Drugs: Be mindful of appearance. Closely examine the packaging and lot numbers of prescription drugs and be alert to any changes from one prescription to the next. Consult your […]
Telemarketing Fraud Targets Seniors
May 15, 2015 by Leave a Comment
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 […]
Fraud Target: Senior Citizens
May 11, 2015 by Leave a Comment
Fraud Target: Senior Citizens Source: (http://www.fbi.gov/scams-safety/fraud) Senior citizens are most likely to have a “nest egg,” to own their home, and/or to have excellent credit—all of which make them attractive to con artists. People who grew up in the 1930s, 1940s, and 1950s were generally raised to be polite and trusting. Con artists exploit […]
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