How to Protect Seniors from Targeted Scams

As we age, we become more vulnerable to scams and fraud. Lately, scamming of different forms and methods has become much more common. Scammers often target senior citizens because they perceive them as easy targets who are more trusting and may have more money saved up. To help protect yourself from scams and fraud, here are some tips:

Be Aware of Common Scams

There are several common scams that scammers use to target senior citizens. Some of the most common scams include Medicare fraud, investment scams, lottery scams, and tech support scams. Learn about these scams and stay informed about the latest scams to help you recognize them when they happen.

Protect Your Personal Information

Be cautious about giving out your personal information, such as your Social Security number, bank account number, or credit card information. Scammers can use this information to steal your identity or commit fraud. Only give out personal information over the phone or via email if you are confident that the person or organization is legitimate.

Be Skeptical of Unsolicited Calls or Emails

Scammers often use unsolicited calls or emails to target senior citizens. Be wary of unsolicited calls or emails requesting personal information, offering a prize or reward, or pressure you to act quickly. If you need clarification about the legitimacy of a call or email, hang up or delete it and contact the organization directly to verify its authenticity.

Stay Up-to-Date on the Latest Security Measures

Stay informed about the latest security measures that can help protect you from scams and fraud. For example, consider installing security software on your computer or using two-factor authentication to protect your online accounts. Keep your computer and other devices up-to-date with the latest software updates and security patches.

Talk to Family Members or Trusted Professionals

Feel free to ask for help or advice from family members or trusted professionals, such as a financial advisor, attorney, or healthcare provider. These individuals can help you recognize potential scams and fraud and can guide how to protect yourself.

Report Scams or Fraudulent Activities

If you believe you have been a victim of a scam or fraudulent activity, report it immediately. Contact your local law enforcement agency, the Federal Trade Commission, or the Better Business Bureau to report the incident. Reporting scams and fraud can help prevent others from falling victim to the same scam and help law enforcement track down and prosecute scammers.

In summary, protecting yourself from scams and fraud is essential, especially as a senior citizen. By being aware of common scams, protecting your personal information, being skeptical of unsolicited calls or emails, staying up to date on the latest security measures, talking to family members or trusted professionals, and reporting scams or fraudulent activities, you can help protect yourself from becoming a victim of scams and fraud.