Avoiding Scams and Fraud
Consumers need to be aware of how con artists operate and protect themselves from becoming a victim. Senior adults need to be especially cautious and knowledgeable of con artist schemes. Seniors are at risk for being targeted because they:
- Usually have an accumulation of assets.
- May live alone.
- May be interested in expanding their limited fixed income.
- Are more easily reached by phone or are at home more often.
- Have a tendency to be more trusting.
When consumers fall victim to fraud, they may feel guilt, embarrassment, hurt, anger, grief, loss, or even misled. Often because of these feelings, the victims are too embarrassed to report the crime and the con artist goes unstopped and unpunished.
Protect yourself and others from becoming a victim by asking questions. Check the person and/or the company with your local Better Business Bureau or local law enforcement agency before signing or agreeing to any deal. Remember, if a deal sounds too good to be true, it probably is.