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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.
For the study, researchers gave scam awareness questionnaires to 935 older people who didn't have dementia. Five questions assessed how open people were to sales pitches, how interested they were ...
Unfortunately, these reverse-mortgage scams do nothing of the sort; their goal is actually to steal the equity of the property entirely, leaving senior citizens potentially destitute. 10. Fake ...
A random dialer computer or auto-dialer can impersonate healthcare providers to get Social Security numbers and birthdates from elderly patients recently released from the hospital. The auto-dialer call states it is from a reputable hospital or a pharmacy and the message explains the need to "update records" to be from the hospital or a pharmacy.
• 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.
The latest activity comes at a time when inflation has wreaked havoc on many households, and scam artists are preying on vulnerable populations — particularly seniors — with messages that can ...
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