The United States Senate Special Committee on Aging has offered tips for avoiding scams:
Con artists force you to make decisions fast and may threaten you.
Con artists disguise their real numbers by using fake caller IDs.
Con artists often pretend to be the government ( e.g. IRS).
Con artists try to get you to disclose personal information like your social security number or bank account numbers.
Before giving out your credit card number or money, please ask a friend or family member about it.
Beware of offers of free travel!
If you receive a suspicious call, hang up and call the U.S. Senate Special Committee on Aging's Fraud Hotline at 1-855-303-9470.
Scams from fraudsters posting as IRS agents or who claim to represent the Jamaican Lottery are number one and number two on the list of fraud reported to the Senate's hotline.
As a specialist in a unique financial tool for seniors, I interact with folks who are 62 and older on a daily basis. We keep an eye out for our customers and help educate them about ways that scammers will try to take advantage of them. We can provide solutions to the cash flow needs of seniors but want to make sure that the money goes to the benefit of a senior, not a scammer.
If you or a loved one would like the entire Senate Publication on Fighting Fraud, please contact me today.