Unfortunately, many scam artists see seniors as easy targets for committing fraudulent schemes. The reason for this is that a lot of modern day scams rely on the internet, phone or even door to door and the trusting nature of the target. It’s hard to protect the seniors in your life because you can’t be with them day and night. Its important to take time to sit down with your loved ones and have discussions about the possibility of scam artists trying to commit fraud against them. There are many tips available to seniors that will help them to pick up on any red flags and avoid being scammed.
The most common scams come through emails, over the phone or in person from scam artists who come to the door. Helping them look over their email and unsubscribing or blocking emails from users they don’t know can help your loved ones to avoid these scams. These scams are easily able to ignore, but phone scams and in person scams are harder to avoid. It is important to help the seniors in your life to be more aware of the types of scams that are being targeted towards them and how to combat them.
Seniors should never transfer money or give their credit card or banking information to any unknown parties or companies no matter what it is for. Anytime they need to provide any banking or credit information, seniors should show great caution. It is also a good idea to suggest that the seniors in your life are monitoring their banking. This way they will know quickly if something suspicious is happening in their accounts.
Anytime seniors are asked to sign paperwork or a contract they should ensure they seek a second opinion. It is important to have someone they trust look over anything they are signing just to double check that everything is in order.
It is important that seniors do not give out their personal information, especially through email or over the phone. Passwords and your social insurance number are extremely important and secret and should not be shared. Scam artists can use this information to apply for credit cards and pay for goods and services using your identity. Seniors, who have often accumulated good credit scores, and considered easy targets for identity theft.
It is important for the seniors in your life to know you are available and un-judgmental in these situations. If something seems too good to be true, it probably is and if you set up a trusting and understanding relationship with any seniors in your life, they will be more likely to confide in you in these situations. That way you will be able to help coach and guide them away from any schemes or negative situations.