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: senior 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.
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.
Outsmarting Investment and Financial Scams
by Vee Daniel, President and CEO, Better Business Bureau of the Upstate Typically, seniors are on a fixed income, but… Read more »
Identity Theft: Protecting Yourself is Up to You
by Vee Daniel, President and CEO, Better Business Bureau of the Upstate Did you know that protecting your identity is… Read more »
Avoid Charities that Don’t Disclose
Just in time for the Holidays and Giving Season: New Advice from BBB Wise Giving Alliance It’s not your imagination;… Read more »