Top 10 Scams Against the Elderly – Aging Wisely

According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. Top 10 financial scams targeting seniors 1.

The phone is a convenient way for crooks to connect with unwary victims. Beware of their latest tricks. Learn more about personal finance at Bankrate.com.

Brandy Bauer is Associate Director of NCOA’s Center for Benefits Access, where she educates both aging network professionals and consumers about Medicare and opportunities to improve seniors’ economic outlook, including through public benefits, community service employment, financial education, and using their home equity wisely.

Those over the age of 65 are more likely to have lost money due to a financial scam than someone in their 40s. To help the elderly avoid becoming victims of fraud scams, it is important to understand why they are targets, what schemes and tactics are commonly used against them and how these schemes affect them.

who has been warning fellow Democrats against approving new election security money without mandating that states spend it wisely. scam uncovered to date, Thomas Brewster at Forbes reports. The two.

Debt Settlement Stuff architecture Peruvian With its burgeoning food and creative scenes, incredible hotels, exceptional architecture, and natural beauty, Lima, Peru, is the South American metropolis that’s impossible to ignoreWhat Is Debt Consolidation? Debt consolidation is the combination of several unsecured debts-payday loans, credit cards, medical bills-into one monthly bill with the illusion of a lower interest rate, lower monthly payment and simplified. Besides alot of this debt settlement stuff is illegal, esp. if they want $$ up front. Check your state’s laws.

According to the National Council on Aging (NCOA), the top 10 scams targeting seniors include the following: Medicare – Fraudsters pose as Medicare representatives to deceive seniors into providing their personal information, such as their Medicare identification number.

According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. Top 10 financial scams targeting seniors. 1. Medicare/health insurance fraud. PROBLEM: Scammers have targeted seniors for numerous ripoffs surrounding the Affordable Care Act and Medicare enrollment.

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Top 10 financial scams targeting seniors. According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. 1. Medicare/health insurance fraud. PROBLEM: Scammers have targeted seniors for numerous ripoffs surrounding the Affordable Care Act and Medicare enrollment. Since every U.S. citizen over the age of 65 qualifies for Medicare benefits, seniors are an easy target for medical scams, because criminals don’t have to do.

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