We all have been privy to too many stories about a senior citizen who was duped out of their life’s saving, or paid way too much money for a product they never needed. And now, with the Internet, these types of criminals have another way into the lives and financial information of our Seniors.
2. Unfortunately senior citizens have always been a target of
scammers. We all have been privy to too many stories about a
senior citizen who was duped out of their life’s saving, or paid way
too much money for a product they never needed. And now, with
the Internet, these types of criminals have another way into the
lives and financial information of our Seniors.
3.
4. There are a multitude of scams aimed at senior citizens; too many
to count. But these professional con artists have found many
scams that seem to have a higher rate of success.
5. Modern day scammers are savvy, and it’s difficult to keep up with
all of their inventions; but we can warn our senior citizens of some
of the most common fraudulent scams that could be headed to
their front door, their email inboxes, or in the next cell phone call.
6. There a few common sense reasons why seniors are a huge target
for scammers:
• People over the age of 60 are more likely to have a savings, or
what they call, a nest egg; money stashed away for a rainy
day.
7. • Senior citizens were raised in an era where politeness was of
utmost importance. So unlike many of us, they will be less
likely to hang up on a caller, or say no to a request.
• Older citizens are less likely to report fraud because they are
unsure of how to report it and to whom; but many also feel
ashamed that they were “taken” by these scammers.
8. • Many con artists know that it is often true, that a senior citizen
will find it more difficult to be a credible witness. They will be
more scrutinized because of age-related illnesses, like
dementia, poor eyesight, and poor hearing.
9. The Rolling Lab Scam
The “rolling lab” scam targets senior citizens by telling them that
they are required to take medical tests for doctor’s evaluations.
According to the Federal Bureau of Investigation, these are some
of the most common scams geared towards seniors:
Many seniors fall for this scam because they are often under the
care of many doctors and specialists, and will not know one
medical test from the next. These fake tests are then billed at
high costs to their medical insurance providers.
10. Medical Equipment Scams
Medical equipment companies will call seniors and offer them
“free” use of, or a “trial” use of a medical product or piece of
equipment, and then bill the insurance company for the costs.
Many of these products are unneeded by the senior, or worse
yet, never even received.
11. Medicare Fraud
The scope of Medicare fraud
encompasses all of the scams
above. Medicare fraud is the
largest category of scams that
target senior citizens.
Medical product and
equipment companies have a
wide range of opportunities
to connect with seniors; and
unfortunately this gives them
more access to their targets.
12. All seniors should be wary of products being pushed upon them
via email or telephone, or callers who can’t accept “No” for an
answer. Rechecking and verifying all medical requests and testing
is crucial, if seniors are going to avoid being violated by these
persuasive con artists.
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