The promising development of the COVID-19 vaccine being available to Americans has brought with it some very inauspicious new scams targeting seniors. Fraudsters are selling “cures,” asking for money for the vaccine and to have one’s name added to a “waiting list,” soliciting donations for charities they claim are gathering funds for families affected by the virus, […]
If an identity thief gets ahold of your information, it can be used in many ways. Your Social Security number can be used to create new accounts, take out a loan or apply for a job. Your bank account can be drained and fraudulent purchases can be made. Someone can use your information to see […]
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How is identity theft committed? Your personal information can easily fall into the wrong hands. Often, thieves search through trash for sensitive documents, but increasingly information is stolen from online sources. You might fall prey to a fraudulent phishing email that steals your information, or someone might use a “skimmer” to take your credit card […]
Frauds and scams have escalated. Here are a few tips I received from my bank that will help keep us aware of scams. The following note appeared in my email this morning and I hope you take precautions to remain safe. “Carol, we’ve become aware of a widespread scam targeting bank customers nationwide, including ours. […]
When discussing the financial world, insurance is probably one of the safer aspects according to statistics. This doesn’t mean immunity from insurance fraud. For seniors, this is a cause of concern as many don’t use a computer regularly. The biggest issues regarding insurance fraud among consumers are stolen social security numbers, fake insurance policy placement, […]