Protect yourself against Money Grabbing Scams

Protect Yourself from Money Grabbing Scams

You have worked hard your entire life and have structured your retirement based on those savings and your passive income. With the correct guidance you should hopefully have enough to see you through your golden years. For this very reason, older adults are more likely to have better credit ratings, significant equity in their homes, and larger savings than younger adults.

Scammers see you as a target. They see lots of money and less than perfect decision making.

Millions of seniors both wealthy and not, fall victim to these scammers. At SeniorSafety.directory we will look at the most common scams and how you can spot and avoid them.

What to do if you think you have fallen prey to a scammer

Don’t be afraid or embarrassed to talk about it with someone you trust. You are not alone, and there are people who can help. Doing nothing could only make it worse. Keep handy the phone numbers and resources you can turn to, including the local police, your bank (if money has been taken from your accounts), and Adult Protective Services. To obtain the contact information for Adult Protective Services in your area, call the Eldercare Locator, a government-sponsored national resource line, at 1-800-677- 1116, or visit their website at the Eldercare web site

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