PREYING ON SENIORS:
5 COMMON PHONE SCAMS
How to spot them and avoid them
Grandchild calls saying
“it’s me.”
Is out of town and
needs money because
of accident, theft, etc.
 Asks you not to
dis...
HOW TO AVOID
Hang up and immediately call
the number you have for that
grandchild or his/her
parents. They will be able to...
 Caller identifies self as officer
of the court.
 Claims that you missed jury
duty and owe a fine that. If not
paid, the...
HOW TO AVOID
• If you haven’t received notice
via mail, simply hang up.
• If you still aren’t sure, hang up
and call your ...
Caller says you won foreign
lottery.
Asks you to send money to
cover fees and taxes from
your winnings.
 Asks for your
...
HOW TO AVOID
You are almost always best
off just hanging up and
forgetting all about someone
claiming you’ve won a
foreign...
 Caller identifies self as IRS agent, and
has telephone number that will
display the call is coming from the
“Internal Re...
HOW TO AVOID
• Hang up immediately
and call the real IRS
general inquiries
phone number: 1-
800-829-1040.
 Caller identifies self as employee of
your local utility.
 Claims that you missed payment and
that service will be term...
HOW TO AVOID
• Hang up once you hear that the
money needs to be wired via
one of these three services.
• Look up and call ...
ADD TO YOUR RETIREMENT SAVINGS
Instead of being fleeced, fight to make the most of your retirement
savings. Start by check...
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Avoid These 5 Scams Robbing your Retirement Savings

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Scammers have gotten sophisticated. Fight back!

Published in: Economy & Finance, Business
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Avoid These 5 Scams Robbing your Retirement Savings

  1. 1. PREYING ON SENIORS: 5 COMMON PHONE SCAMS How to spot them and avoid them
  2. 2. Grandchild calls saying “it’s me.” Is out of town and needs money because of accident, theft, etc.  Asks you not to discuss with his/her parents.  Wants money to be wired. THE GRANDPARENT What it Sounds Like Red Flags
  3. 3. HOW TO AVOID Hang up and immediately call the number you have for that grandchild or his/her parents. They will be able to independently confirm if there is a real problem.
  4. 4.  Caller identifies self as officer of the court.  Claims that you missed jury duty and owe a fine that. If not paid, the police will come to your house and arrest you.  Asks money to be wired via Green Dot, Western Union, or MoneyGram JURY DUTY SCAM What it Sounds Like Red Flags
  5. 5. HOW TO AVOID • If you haven’t received notice via mail, simply hang up. • If you still aren’t sure, hang up and call your local municipality to confirm absence from jury duty.
  6. 6. Caller says you won foreign lottery. Asks you to send money to cover fees and taxes from your winnings.  Asks for your checking/savings routing and account number for “direct deposit” of winnings. LOTTERY SCAM What it Sounds Like Red Flags
  7. 7. HOW TO AVOID You are almost always best off just hanging up and forgetting all about someone claiming you’ve won a foreign lottery.
  8. 8.  Caller identifies self as IRS agent, and has telephone number that will display the call is coming from the “Internal Revenue Service”.  Says a tax balance is past due, and victim will be arrested that day if it is not paid.  Asks money to be wired via Green Dot, Western Union, or MoneyGram IRS SCAM What it Sounds Like Red Flags
  9. 9. HOW TO AVOID • Hang up immediately and call the real IRS general inquiries phone number: 1- 800-829-1040.
  10. 10.  Caller identifies self as employee of your local utility.  Claims that you missed payment and that service will be terminated without immediate payment.  May have your actual account number!  Asks money to be wired via Green Dot, Western Union, or MoneyGram UTILITY SCAM What it Sounds Like Red Flags
  11. 11. HOW TO AVOID • Hang up once you hear that the money needs to be wired via one of these three services. • Look up and call your utility provider if you are legitimately concerned about a late payment.
  12. 12. ADD TO YOUR RETIREMENT SAVINGS Instead of being fleeced, fight to make the most of your retirement savings. Start by checking out our new special free report: Take Advantage of a Little- Known IRS Rule
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