Small wonder that seniors are the biggest targets of frauds and scams.
They were born and grew up in a different world. Because of that - and because, by nature, seniors tend to be more trusting - every senior today has a red target on his/her back.
Many seniors receive e-mails stating they've won a prize, often in a contest they haven't even entered. Others receive notice of free goods or services. To these types of e-mails, the experts all say the same thing. DON'T CLICK ON THE LINK!! If you didn't enter the contest, you didn't win anything. And if it sounds too good to be true - it is!
Another frequent tactic is to "notify" seniors that they're eligible for free Medicare services. The only thing "free" about this is the opportunity for scammers to get their hands on your personal information, so they can bill the government for services they never provided.
Unfortunately, many seniors are embarrassed to report they've been the victim of a scam.
One of my clients was recently targeted by one of the newly-popular schemes. She received a call from her "grandson," saying he was stranded in England and needed her to wire money. However, this client had paid attention to what I had told her about scammers. And when she asked for her "grandson's" last name...he hung up quickly.
At restaurants, pay with cash whenever possible. Giving credit cards to a server is never a good idea. And you should never use a debit card at a restaurant, either, because an unscrupulous employee can end up emptying your bank account.
At the Estate Planning & Asset Protection Law Center, we help people and their families learn how to protect their home, spouse, life-savings, and legacy for their loved ones. We provide clients with a unique educational and counseling approach so they understand where opportunities exist to eliminate problems now as they implement plans for a protected future.
We encourage you to attend one of our free educational workshops, call 800-964-4295 and register to learn more about what you can do to enhance the security of your spouse, home, life savings and legacy.