Most common of fraud and scams directed
towards Boomers identified
August 17, 2011--"Seniors need to be very
careful with their financial information and
take proactive steps to protect themselves"
says Michael Roberts Fraud Protection
expert. Fraud and Identity theft is one of
the top white collar crimes in America and
as baby boomers get older, identity thieves
will no doubt become more aggressive.
Roberts shares the list of the most common
scams directed and baby boomers.
Thieves will send notification to seniors
that will indicate that they've won some
prize or lottery. The instructions will
include a request for a fee in order to
claim the prize. The fee is always a mere
fraction of the "prize" in order to get the
unsuspecting person to follow the
instructions and send the money. At this
point the thief has the money and the
This is perpetrated by sending unsolicited
mail to the senior requesting the medicare
information in exchange for some product.
Most people will give this up easily if it's
a product that they want because they assume
medicare will pay for it. This is a
technique that thieves use to acquire social
security numbers and other information.
As social media becomes more and more
popular seniors are using the internet a lot
more to communicate with family and friends.
Seniors use social media to stay in touch
with grand kids and other family members.
There are malware and other software that
can be used to target seniors and steal
their information when using the internet.
It is important to use the latest anti virus
and malware protetion software when using
Home Improvement Scams-
Fraudulent contractors go after seniors who
tend to live in stable and older
neighborhoods. They approach these seniors
directly via the mail and even knocking on
doors. They will try to make the seniors
feel as though their roof is defective or at
risk of damage in order to get them to
schedule an appointment. The company will do
their best to get the senior to commit to a
contract and in some cases will not even
complete the work.
Read more by visiting the following sections
of the site:
Join the conversation on FACEBOOk