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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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Fighting Back Against the Latest Scams

October 1, 2011

To learn about the latest financial scams and swindles, check the headlines. The con artists look at what’s hot and on people’s minds and adjust their traditional pitches to match the latest news. Their scripts often are “ripped from the headlines.” You also can bet that the cons try to tap either the fear or […]

Protecting Yourself from the Life Cycle of Scams

September 1, 2011

There are good reasons why the silver generation is the main target of financial abuse, and you don’t have to stand still for them. Outright frauds and scams aren’t the only source of financial losses for seniors. Too often, they pay too much or accept bad deals. Fortunately, after you understand why seniors are susceptible […]

Staying Ahead of the Scam Artists

May 1, 2011

Scam artists are creative, always changing their schemes to avoid the latest road blocks put in their paths. For example, the Federal Trade Commission reports that identity theft still is the number one consumer scam complaint, but there are some changes from the past. Since the older segment of the population most often is the […]

Overcoming the Fear of Financial Advice

March 1, 2011

People need financial advice. People don’t trust financial advisors. That’s the unfortunate conundrum facing most Americans these days. Americans now are responsible for much of their support during their post-career years. Employer-provided pensions and medical expense reimbursements are fading into the past. Even those who retire with those benefits should expect them to be reduced […]

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Protecting Wealth from the Silver Effects

February 1, 2011

Living to the far side of 50 increases the odds each of us will make financial mistakes, and the odds are much higher than most of us realize. Losses, both from mistakes and being victims of scams, are more likely because of changes in the brain, according to recent scientific research. Fortunately, you can take […]

Dealing with Seniors Preying on Seniors

January 1, 2011

The silver generation is where the money is. That’s why seniors so often are targets of scams and why one estimate says one of five of those over 65 have been scammed one way or another. What many seniors don’t realize is that a potential scammer is likely to be a contemporary. In more and […]

Avoiding the Latest Medicare Scams

September 1, 2010

The Medicare open season, officially called the Annual Coordinated Election Period, is coming up. From Nov. 15 – Dec. 31 those eligible for Medicare can enroll, disenroll, and switch Medicare plans. Following that is the General Enrollment Period from Jan. 1 – March 31 when anyone eligible for Medicare can enroll. Medicare fraud is around […]

Avoiding the Latest Silver Generation Scams

August 1, 2010

Silver generation investors are susceptible these days, and the con artists know it. Scams are proliferating that focus on helping recover the losses in your nest egg. You’re hearing a lot of pitches that are heavy with rhetoric about Wall Street crooks, government bailouts, high inflation, and currency collapses. Investor fears about these things are […]

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