If you’re under a certain age, scam attempts are usually fairly easy to spot and avoid. Unfortunately, scammers know this too — which is why they prefer to target the elderly. Older Americans tend to have more money and less technological savvy, which means they are far more likely to be victimized by sophisticated (or not-so-sophisticated) scam attempts.
Since May is Older Americans month, now is a great time to review this Money article highlighting some of the most common scams targeted at older adults and the steps you can take to help them avoid falling victim. After all, what better way to celebrate the contributions of older Americans than by protecting them from criminals?
This article was written by Money, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.
