Scams
New Medicare cards that will protect your Social Security number will find their way into your wallets next year. Already there are warnings about the changeover to protect you against scammers. The design for the new Medicare card is expected to be revealed this month and TV ads have already begun talking about the new…
Read More A report by the Wall Street Journal states that 43 percent of older Americans exhibit one or more signs of financial victimization. Yet, a Merrill Lynch study indicates that phone-scammers and other spammer schemes represent only about 4.5 percent of elder financial fraud. So where does the greatest percentage of financial victimization come from? Surprisingly,…
Read More Do Not Call doesn’t seem to work. Blocking doesn’t seem to work. What to do? Since January of this year, almost 6,000 scams involving phone calls have been reported to the Better Business Bureau’s Scam Tracker. As soon as one picks up the phone, their number is registered as active and can be sold for…
Read More The Georgia Department of Human Services has been awarded a $10,000 AARP BankSafe Initiative Grant to help fight the loss of retirement savings among its aging population. One in five older adults fall victim to financial exploitation, each losing an average of $120,000, as reported by AARP. Nationwide, seniors lose $3 billion to financial abuse…
Read More A new warning has been issued by the Federal Trade Commission to beware of credit-card skimmers. Skimmers are relatively new devices that use a new technique to capture data on ATM and credit cards, ripping off their victims. A skimmer is a small device that affixes to a card reader, most commonly put on ATMs…
Read More Women are being scammed by fake ads that use well-known royalty or performers to trick you into thinking they are promoting the product. Especially vulnerable are women who are always on the lookout for a new beauty product, like a facial cream that will “take years off.” The thinking goes like this: If this well-known…
Read More Please see the scam alert below from the Georgia Attorney General. Attorney General Chris Carr is warning the public about a phony email circulating that purports to be from the “Department of Consumer Affairs.” The email, which allegedly targets attorneys, says that a complaint has been filed against the recipient’s company and urges recipients to…
Read More PacNet, a Canadian payment processor, has been linked to frauds that have scammed the elderly out of millions of dollars.
Read More Anyone can be the victim of a scam. Learn how to avoid being scammed by following these tips and learn about common scams.
Read More Sometimes your loved one’s caregiver doesn’t always have their best interest in mind. It may be necessary to take the proper precautions to protect your loved one from potential financial fraud.
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