Stay Vigilant: Recognizing Common Scams This May 15

Mark Your Calendar for National Senior Fraud Awareness Day

On May 15, National Senior Fraud Awareness Day serves as a vital reminder to protect our elderly loved ones from fraud. While scams evolve constantly, being informed is our best line of defense. This article is tailored for you if you have an elderly loved one or are concerned about fraud, particularly how it affects older adults.

Beware of Tech Support Scams

One of the most common scams involves fraudsters impersonating tech companies. They might claim there's a problem with your loved one's device and offer unnecessary solutions, asking for remote access. Educate your relatives to never grant access or provide payment information to unsolicited callers.

Avoid Government Impersonation Scams

In these scams, con artists pose as government officials. They might threaten legal action or fines to obtain personal data. It's crucial to assure your loved ones that government entities will never ask for personal details or payments over the phone.

Spot Grandparent Scams

Scammers may exploit familial bonds by pretending to be a grandchild in trouble, often requesting urgent financial assistance. To confirm any such claim, encourage confirming the story with family before taking any action.

Identify Romance Scams

These scams involve criminals who build trust through online relationships only to subsequently ask for money. Advise loved ones to be cautious of individuals who request financial support without meeting in person.

Medicare Scams

Scammers may pose as Medicare representatives claiming to offer new services. Explain that Medicare will never contact beneficiaries asking for money or personal details over the phone.

Recognize Sweepstakes Scams

In this scam, targets are told they've won a prize but must pay upfront fees. This is a red flag, as legitimate sweepstakes will not require payment to claim winnings.

Empower your loved ones with knowledge, and remind them that awareness is key to prevention. Encourage them to share this information widely to protect others. If you suspect fraud, promptly report it to authoritative organizations like the Federal Trade Commission or call their hotline.