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Financial Scams Targeting Seniors
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Funeral & Cemetery Scams
Scammers take advantage of grieving seniors by claiming the deceased had outstanding debts. Always verify such claims with the funeral home or directly with the creditor.
Counterfeit Prescription Drugs
Seniors seeking cheaper drugs may fall for fake online pharmacies. Always use reputable and verified pharmacies and consult with a healthcare provider before buying medicine online.
Medicare Scam
Scammers pose as Medicare representatives to get seniors to give them their personal information. Prevent this by never sharing Medicare numbers over the phone to unsolicited callers.
Homeowner Scam
Scammers offer fake home repairs or pretend to be utility workers to access the senior's home. Always ask for identification and verify with the company before allowing anyone into your home.
Phishing Scams
Phishing scams trick seniors into revealing sensitive information by pretending to be legitimate institutions. To prevent this, never give out personal information in response to an unsolicited request.
Lottery Scams
Lottery scams convince seniors they have won a fake lottery and must pay a fee to collect their winnings. Prevention includes never paying to claim a prize and being skeptical of unsolicited winning notifications.
Grandparent Scam
In this scam, seniors are tricked into thinking a grandchild is in trouble and needs money. Validate the identity of the caller and never wire money based on a phone call alone.
Computer Tech Support Scam
Scammers claim there's a problem with the senior's computer and offer to fix it for a fee. Don't allow remote access to your computer and don't pay for unsolicited tech support services.
Investment Scam
These scams offer fake investment opportunities, promising high returns. Be wary of unsolicited investment advice and research investment opportunities before committing.
Charity Scams
Seniors are asked to donate to fake charities. Verify the legitimacy of a charity before donating and never feel pressured into making a donation.
Romance Scam
Scammers use fake online profiles to form relationships with seniors and eventually ask for money. Be cautious with online relationships and never send money or gifts to someone you haven’t met in person.
Identity Theft
Personal details are stolen to commit fraud. Protect your personal information, shred sensitive documents, and monitor your credit reports.
Mortgage Relief Scam
Fake offers to refinance or modify a mortgage to make payments more affordable. Contact your lender directly for mortgage assistance and avoid unsolicited offers.
Telemarketing Scams
Unsolicited calls offering products or services with fraudulent intent. Hang up on suspicious callers and register on a do-not-call list to reduce telemarketing calls.
Sweepstakes & Contests Scam
Seniors are told they’ve won a contest or sweepstakes and need to pay to receive the prize. Legitimate contests do not ask for money to collect winnings.
Debt Relief Scam
Offers to settle or reduce debt for an upfront fee. Validate the credibility of any debt relief service and never pay upfront fees for promises of debt reduction.
Theft by Deception
Thieves gain trust and steal money or property. Always be cautious about who you trust and closely monitor your finances and assets.
Government Impersonation Scams
Scammers pose as government officials to extract personal information or money. Know that government entities usually contact you through mail, not phone or email.
Golden Opportunity Scam
Seniors are offered a fake 'once in a lifetime' investment opportunity. Be skeptical of opportunities that require immediate action and invest only with reputable institutions.
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