Preying on Trust
Older people are targeted by fraudsters in all sorts of ways. Here, we’ve highlighted the 10 most prevalent. (An excerpt of the artilce, as shared in the April 2017 edition of Independent Banker magazine.)
1. Medicare/health insurance scams: In a 2016 report, The Medicare Fraud Strike Force had 2,185 indictments against Medicare fraudsters, who falsely assume the identity of a provider or Medicare representative and demand payment for services.
It’s a fraud jungle out there — protect yourself!
Safely navigate the fraud jungle by understanding the various ways fraudsters try to obtain your personal and debit card information.
The more you know, the more you can guard yourself against fraud. Follow these tips and guidelines for preventing fraud.
Phishing is a scam in which fraudsters pose as legitimate businesses to trick you into divulging your Social Security number, account numbers, passwords or other sensitive personal data.