Search Results for: scams

Even though it’s early in the new year, there are already plenty of schemes around to cheat you out of your money and personal information. The National Council on Aging has recently put out the word about some of these new scams. Among them are: personalized mailings appearing to award you…

With the Fall Medicare Open Enrollment period upon us, many seniors have Medicare on their minds as they seek to determine what makes most sense for their personal situations. Along with this may come susceptibility to new phone scams that trick you into revealing personal information and leave you the…

Senior scams are serious business: The average victim loses $120,000, which adds up to an estimated $3 billion in annual losses nationwide. It’s thus a wise investment for financial institutions to do all they can to stop the financial abuse of older persons. Many banks have now introduced software to…

Perhaps this is familiar: the phone rings and your elderly parent answers to hear the voice of a frightened teen.  Thinking it’s a grandchild calling in distress, they listen to instructions about wiring money to help in this crisis. Only it’s not a crisis- it’s a scam. The elderly are…

Just two weeks ago, we began to address the question on the minds of many: Is Social Security at risk in our new political climate? Will efforts to slash government spending put at risk a long-prized government program that provides the primary source of income to at least 40% of…

By Susanna P. Barton   Trust is a finicky topic when it comes to creating a workable Grand Plan. On the one hand, trust is essential to working in partnership with loved ones during our second half. If we can’t trust the people we’ve chosen as our life managers or…