Scams

10 Things To Do If You Are Scammed

It is only a matter of time, folks.  As we age we become more vulnerable to scams.  Every senior is truly a “victim in waiting.”   Today we will focus on the actions you should take after being scammed.  These vary according to the type of scam and the identity of the thief.   Actions To Take If You Are Scammed First, talk to a lawyer to find out if you can, or should,...

Scams with a 2019 Twist: SSA, Grandchildren and Disasters

The Social Security Administration is not going to call you out of the blue and threaten you with arrest if you do not press a number and give your personal information. Your grandchild does not need you to send $10,000 in small bills, folded inside magazine pages, via federal express to get him or her out of legal trouble.  Funds donated through a GoFundMe page set up after a natural...

FTC Sues Alleged Scammers

Belize Retirement Property Nightmare If you purchased retirement property in a Belize development called Sanctuary Belize, Global Property Alliance, Buy Belize, Buy International, Eco Futures, Sittee River Wildlife Reserve, Sanctuary Bay, The Reserve or The Marina at the Reserve, then you need to grab a strong drink and sit down. On November 8, 2018, the Federal Trade Commission filed suit alleging those developments were part of a $100 million overseas real...

Top Five Financial Scams

Here are the top 5 financial scams targeting seniors, as compiled by the National Council of Aging.  Medicare: These scams are popular because of the sheer number of potential victims:  every U.S. citizen and permanent resident over the age of 65 qualifies for Medicare. The most common scams involve a perpetrator who poses as a Medicare representative to dupe people into divulging personal information which is used in...

The Grandpa Scam

“Grandpa…..I’m in jail. I need your help.” “Brad? What’s happened?” “Oh, Grandpa, I am so scared. I was driving and got into an accident. I think I hurt someone. I took a breath test and it came back, and…I’m in jail and I only get one phone call. Don’t tell my dad, he will get so mad. They gave me a lawyer…can he call you? I’m almost out of time on...
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