Financial Scams

Internet shopping has become a way of life for so many of us- especially if our time, or mobility, is limited. The array of items available, especially during the holiday season, is limitless on sites like Amazon. And those who would like to trick you into revealing your personal info…

With the Fall Medicare Open Enrollment period upon us, many seniors have Medicare on their minds as they seek to determine what makes most sense for their personal situations. Along with this may come susceptibility to new phone scams that trick you into revealing personal information and leave you the…

Senior scams are serious business: The average victim loses $120,000, which adds up to an estimated $3 billion in annual losses nationwide. It’s thus a wise investment for financial institutions to do all they can to stop the financial abuse of older persons. Many banks have now introduced software to…

Perhaps this is familiar: the phone rings and your elderly parent answers to hear the voice of a frightened teen.  Thinking it’s a grandchild calling in distress, they listen to instructions about wiring money to help in this crisis. Only it’s not a crisis- it’s a scam. The elderly are…