Protecting Seniors From Fraud

Our seniors are often the targets of fraud. While they only make up for about 14% of the population, they are more likely to become victims of scams both online, via the telephone, or through the mail. In fact, sixty percent of the people who claim they have been scammed typically describe themselves as senior citizens. The following is a list of ways to avoid becoming a victim.

When you hear about a senior being the victim of deception, you might shake your head and think, “How is this possible? Anyone can see right through that.” However, scam artists are very good at deceiving people and they practice their trade. It is difficult to spot fraud when it is happening.

According to the Federal Trade Commission, more than $40 BILLION a year is lost due to telecommunication fraud!

So, how do we recognize when our seniors are being targeted for fraud? Ohio Attorney General, Mike DeWine has several articles written on identifying fraud against seniors. You can go to his web site on identifying scams and protecting yourself against these predators. You can find further information about this at:http://www.ohioattorneygeneral.gov/Individuals-and-Families/Seniors/Elder-Fraud

This web site also has a link to the most current and prevalent scams being pursued. It is a good idea to bookmark this site because the Attorney General updates the information on a regular basis.

Fraud can take the shape of many forms. While telemarketing scams are some of the most excessive, be wary of internet sites, mail offers, and unannounced offers that come to your front door. You can use the internet to your advantage. If you are unsure of some offer, check with the Better Business Bureau. (http://www.bbb.org/) and verify that the company is legitimate.

Remember: If the offer seems too good to be true, it probably is.

If you think you have been a victim of senior fraud or are worried that your loved one is being scammed, call our law offices today at Kabb Law 216.991.KABB or 216.991.5222