Financial Scams
As financial scams get more common and devious, Bob Carlson shares his expertise to help subscribers stay up to date
Found 66 Articles.
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Avoiding the Grandparent Scams
There’s a range of scams that specifically target grandparents. It’s not clear how the perpetrators find their information, but they have people’s names and numbers and the name of at least one grandchild. Then they call, pretending to be a grandchild in distress and in need of money. You can find details here, including what […]
Avoiding the Nation’s Silent Scam
About the middle of last year we became aware of a scam that’s been stealing money from Americans for a number of years. Law enforcement at different levels apparently has been aware of it for some time but has been unable or unwilling to do anything about it. The amounts stolen from each person are […]
A New Scam: Fake Funeral E-mails
The most common e-mail and computer scams are designed to have you click on a link in the e-mail or an attachment to it. The result is malware downloaded to the computer. Malware might do a range of different things. It might give the scammers access to or information on your computer. Or it might […]
The Truth About Frauds and Scams
The Wall Street Journal had a good series of articles recently about financial frauds and particularly how the elderly are targets for them. (Subscription might be required for some or all of these articles.) This article explains the extent to which the elderly are the targets of most frauds and make up most of the […]
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Avoiding the Obamacare Scams
The most significant of the Obamacare reforms take effect Jan. 1, 2014, and are receiving a lot of publicity. They’re also bringing out the scam artists. Here are some points you need to know. Medicare beneficiaries aren’t required to make any changes because of Obamacare. There are no Obamacare cards or similar documents for anyone. […]
Protecting Yourself from ID Theft
Identity theft isn’t making the headlines it did a few years ago. Yet, it’s still a problem. The FTC estimates that annually about 9 million Americans have their identities stolen, and this costs consumers about $5 billion. The FTC says fixing your credit after a theft takes about 175 hours and costs $1,173. In addition, […]
Avoiding Scams in 2013
You’re a target for scams and financial abuse. That’s a fact we all need to acknowledge. Fortunately, you can take steps to reduce your risk, and many of these steps are very easy to do and cost little or no money. Fraud and financial abuse are not the same thing. You know what fraud is. […]
Targeting Veterans for Scams
Senior veterans need to be alert for scams and financial abuse targeting them. In our December 2011 visit we explained how the Aid & Attendance benefits for vets provide assisted living and nursing home financing for many vets. Aid & Attendance and pensions are the hooks on the scams. They benefits are available only to […]
