Did you know that the older you are, the more susceptible you are to telephone or internet fraud? One of the most common tricks scammers use is impersonating a child or grandchild, asking you for financial assistance. According to the FBI, Americans lost over $10 billion to scams last year. While people in their 30s filed the most complaints, seniors are the most susceptible: last year they lost $3 billion.
Con artists can be very convincing: We recommend asking them questions only that family member would know (and nothing a scammer could find online) or even giving your family members a code question.
If you’d like more tips on how to stay financially secure, reach out to us. We may have more useful advice for that. And remember, we’re always here to help.
