Top 10 Scams Against the Elderly – Aging Wisely

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Millions of older adults are exploited each year by scammers. Learn what 3 scams are making the rounds right now & what you can do to.

Here are 10 common scams targeting elders that you should know about and share with your elderly loved ones. 1. Sweepstakes and lottery scams. In these types of scams, the elder is informed that they have won a lottery or sweepstakes and need to make some sort of payment to receive the prize.

top 10 financial scams targeting seniors. According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. 1. medicare/health insurance fraud. PROBLEM: Scammers have targeted seniors for numerous ripoffs surrounding the Affordable Care Act and Medicare enrollment. Since every U.S. citizen over the age of 65 qualifies for Medicare benefits, seniors are an easy target for medical scams, because criminals don’t have to do.

The elder Cassity was an attorney who had been disbarred in the 1980s after his conviction for an earlier scam, according to news accounts of his trial. Far from being rehabilitated, he simply hit on an even more devastating con game, becoming the mastermind of the prepaid funeral fraud, said prosecutors at his trial.

According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. PROBLEM: Scammers have targeted seniors for numerous ripoffs.

According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. Top 10 financial scams targeting seniors. 1. Medicare/health insurance fraud. PROBLEM: Scammers have targeted seniors for numerous ripoffs surrounding the Affordable Care Act and Medicare enrollment.

In most cases, Top 10 lists of consumer complaints. or assisted-living facility. America’s aging population. More and more boomers are hitting their 50s and 60s, making them ripe targets for.

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Fraud Against Seniors The FBI’s Common Fraud Schemes webpage provides tips on how you can protect yourself and your family from fraud. Senior citizens especially should be aware of fraud schemes.

The phone is a convenient way for crooks to connect with unwary victims. Beware of their latest tricks. Learn more about personal finance at Bankrate.com.

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