Top 10 Scams Against the Elderly – Aging Wisely

The guide, "Fighting Fraud: U.S. Senate Aging committee identifies top 10 Scams Targeting Our Nation’s Seniors," is a comprehensive anti-fraud resource for seniors, according to the announcement by Senators Susan Collins and Ranking Member Claire McCaskill.

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The elderly are often victims of financial fraud. It is so common, in fact, that the National Council on Aging has even put out an article identifying the top ten frauds against the elderly..

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victims, this Fraud Book features the top ten scams reported to our Hotline last year. In addition, it includes resources for consumers who wish to report scams to state and federal agencies. The range and frequency of scams perpetrated against seniors that were reported to the Fraud Hotline in 2016 demonstrate the extent of this epidemic.

Article: Scams Against Elderly are Multi-Billion Dollar Industry – Nearly 20 percent of Florida’s population is 65 years or older, the highest in the nation. As the Baby Boomers move into.

Here are 10 common scams targeting elders that you should know about and share with your elderly loved ones. 1. Sweepstakes and lottery scams. In these types of scams, the elder is informed that they have won a lottery or sweepstakes and need to make some sort of payment to receive the prize.

After "retiring" from a 40-year career in advertising, Art spent several years as a consultant working with employers involving the aging work force and with seniors. and scams that target older.

victims, this report features the top ten scams reported in 2015 to the Fraud Hotline. In addition, this report includes resources for consumers who wish to report scams to state and federal agencies. The range and frequency of scams perpetrated against seniors that were reported to the Fraud Hotline in 2015 demonstrate the extent of this epidemic.

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Those over the age of 65 are more likely to have lost money due to a financial scam than someone in their 40s. To help the elderly avoid becoming victims of fraud scams, it is important to understand why they are targets, what schemes and tactics are commonly used against them and how these schemes affect them.

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