Have you read the report by the US Senate's Special Commission on Aging? They identified the top 10 frauds that target our seniors across the country. Here is the list that they compiled:
Recently, phone scammers have been targeting Pennsylvania seniors across the state. An article by GoErie.com highlighted this phenomenon, which is important for all elderly citizens and their family and friends to know about! According to the article, a representative from the PA Department of Aging reported that these scams are not uncommon among their 52 area agencies, which represent all 67 PA counties. Many of these scammers pretend to be calling on behalf of friends or family members who are having emergencies and need money sent to them. If an unknown person does call, it is important to never give any personal information, credit card information or your social security number to anyone you don't know over the phone.
The Pittsburgh Post-Gazette ran an article on July 1st, 2013 that took an in-depth look at some recent, prominent scams that are being aimed at the area's elderly population. For each common scam, the article described the offense, how to handle it after it's happened, and how to prevent other possible occurrences from happening. Some of the scams the newspaper article covered included:
Seniors beware! Some areas of the country are reporting an increase of the number of scams, especially now that the warmer months are upon us. Seniors are unfortunately one of the most susceptible groups for these scammers to target. Most recently, there have been reports of funeral cons, exploiting grandchildren, and home improvement scams. To read more about these issues, please click on this link to the Investopedia.com article.