Fraud against seniors has grown so rapidly in the past few decades its astonishing. This is due to a large number of Baby Boomers well into retirement and the belief that they have a meaningful amount of money in their accounts. All seniors are targeted by these criminals, not just the wealthy, and they usually disguise their scam as a form of help:
- A Medicare representative
- Websites offering lower prices for specialty medication
- Funeral service “amenities”
- Sweepstakes and lottery “wins.”
So what can you do to protect yourself against financial fraud? Always:
- Monitor all your financial assets
- Never provide any personal information over the phone
- Be suspicious of unsolicited calls
- Know that the IRS will never contact you through email or phone calls
- Be very cautious when ordering medication online.
Do your due diligence. Double-check and reconfirm a company’s credentials to protect yourself from criminals. Stay aware and remember to always look for OurSeniors.net Seal of Approval when you look for any of these professionals on our website:
- Senior placement advisors
- Elder law attorneys, estate attorneys
- Senior real estate specialists
- Bookkeeping, accountants
- Insurance companies
You can find a list of trusted vendors on OurSeniors.net Directory and always rest assured, that they have been vetted.
