Donating to a Cause? Read This First.

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When you’re donating to a worthy cause, find trustworthy charities to support. Recent stories involving the Federal Trade Commission’s action against the Cancer Fund of America, the Children’s Cancer Fund of America and the Breast Cancer Society has led the BBB to advise consumers of potential deceptions of donating. The BBB’s Wise Giving Alliance says […]

Scams That Will Destroy Your Finances

Check-Fraud

As a senior, you’re especially susceptible to being the target of identity theft, imposter scams, charity scams, Medicare scams, and more. According to The Huffington Post: In 2012 (the most recent statistics available) there were 16.6 million victims of identity theft alone, who suffered over $24.7 billion in financial loss, according to the Bureau of Justice […]

Jamaican Lottery Scam Dupes 92-Year-Old

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A 92-year-old Air Force veteran recently won a case against a scammer who stole more than $100,000 from her in a lottery scam. Nina Gebrian from South Florida, who served as a mechanic in the U.S. Air Force during World War II, fell victim to the Jamaican lottery scam after receiving a phone call from […]

Fraud Against Seniors Totals Nearly $10B Per Year

Don't steal my savings

Elder fraud continues to rise: fraud and scam complaints filed by those 60 and older nearly doubled between 2010 and 2013. Nasdaq reports that according to the Federal Trade Commission, those 60 and older accounted for 14 percent of the 459,000 complaints filed in 2010. In 2013, that group accounted for 27 percent of the […]