Top 10 Scams Against the Elderly – Aging Wisely

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According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. PROBLEM: Scammers have targeted seniors for numerous ripoffs.

Safeguard Seniors From Scams Webinar. 2 Housekeeping Items All lines are muted. Sweepstakes, Lottery & Prize Scam in the Top 10. How You Can Help Seniors! Look for irregular behavior – especially if your member. U.S. Senate Special Committee on Aging’s Fraud Hotline 1- 855-303-9470.

A U.S. Senate Special Committee on Aging report details the top 10 scams that target the elderly.Here’s the list, as well as the top 5 for Pennsylvania. The committee, chaired by Sen. Susan Collins (R-Maine) also led by ranking member Sen. Bob Casey (D-Pa.), recently released the informational document warning against the potential cons going after America’s seniors.

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An increasing number of banks and credit unions are implementing fraud-prevention initiatives to prepare for the onslaught of aging. top 10 largest retail banks nationwide, Citibank is breaking out.

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health & fitness Scammers Targeting Elderly In Illinois: Top Scams To Watch For Con artists are targeting aging residents across America with scare tactics in a multi-million-dollar fraud industry.

 · Con artists know that aging individuals can have trouble remembering certain information. They also know that it can take weeks or months for an elderly person to find out that they have been swindled. In scams involving telemarketing, email, or other electronic forms, seniors are less likely to know where to report the fraudulent activity.

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 · Justice Department announces charges in 0 million senior fraud schemes. enforcement sweep targeting financial fraud against the elderly, resulting in charges filed against.

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Senior Scams, Fraud, and Abuse.. Senate Aging Committee Announces Top 10 Frauds Targeting Our Nation’s Seniors Scam, Fraud and abuse resources information:. (oaa) that included a Casey provision to empower seniors to identify and report fraud. The program, the senior medicare patrol program, began in 1996 and has resulted in $120.