Seniors are often the target of various scams, from phishing emails to grandparent distress calls. This article outlines common fraud tactics and offers practical advice from the Better Business Bureau of the Upstate on how seniors and their caregivers can stay alert and avoid falling victim to these deceptive schemes.
Tag: elder fraud
Social Isolation and the Risk of Investment Fraud
In this insightful article, Anna Rushton from the South Carolina Securities Division explains how social isolation makes individuals, particularly seniors, more vulnerable to investment fraud. She highlights common scams, including Ponzi schemes and online romance scams, which often target the socially isolated. Rushton offers practical advice on protecting yourself, such as conducting thorough research, checking the registration status of investment advisors, and staying informed about scam tactics to avoid becoming a victim.
Aging in Place: Tips from the Better Business Bureau
As we age, many of us wish to remain in our homes, where we feel most comfortable. With the right support network and modifications, aging in place can be a safe and viable option for seniors. By evaluating the community, ensuring home modifications are possible, and working with trusted professionals, seniors can maintain their independence without moving to long-term care facilities. The Better Business Bureau of the Upstate offers guidance and resources to help make this transition easier.
Protecting Seniors: Beware of Summer and Fall Scams
As summer turns to fall, seniors face an increased risk of seasonal scams. From fake vacation rentals and fraudulent charities to Medicare and home improvement schemes, scammers target vulnerable populations using tactics designed to exploit trust and urgency. This article highlights common scams seniors should be aware of during the warmer months and provides essential tips to protect personal information, avoid financial loss, and stay safe with help from the Better Business Bureau. Stay vigilant and informed to safeguard yourself against fraud.
Seniors continuously in the crosshairs of scammers
By Vee Daniel, CEO/President Better Business Bureau of the Upstate Telemarketing scams, “anti-aging” product scams, prescription drug scams, health insurance… Read more »
Scam Artists: Tactics Used on Seniors
by Vee Daniel, President and CEO, Better Business Bureau of the Upstate From charity scams to grandparent scams, there are… Read more »