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How can identity thieves use your personal information?

How can identity thieves use your personal information?

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 to Protect Yourself from Identity Theft

How to Protect Yourself from Identity Theft

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 […]

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How to Outsmart a Fraudster

How to Outsmart a Fraudster

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. […]

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How to Protect Yourself from Insurance Fraud

How to Protect Yourself from Insurance Fraud

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, […]

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How to Spot Financial Elder Abuse

How to Spot Financial Elder Abuse

Last week’s column discussed telephone fraudsters and other senior scams to watch out for, especially this time of year. Unfortunately, older individuals are easy targets because we’re lonely and miss the constant companionship we enjoyed at work. Or we’re lonely because the spouse has passed and the adult children have busy lives. How to Spot Financial […]

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