Being on the receiving end of a scam call or email is frustrating at any time. However, if you’re stressed, it’s possible that you could be more susceptible to frauds. Stress and scams, according to a report by AARP, are closely linked.
Staying aware of current scams can help you avoid giving out personal information. Learn more from The Seniors Center Blog today!
The Connection Between Stress and Scams
There are a number of risk factors that can make an individual more likely to fall victim to a scam. These can involve what time of day they’re targeted, their age, and even recent life events.
Those who have recently been through a traumatic and stressful event such as a divorce, illness, or job loss are more likely to give out information or even money to a scammer. Why? Because scam artists use these events to their advantage.
Scam artists learn everything they can about their marks and use this to keep victims distracted. Those who have been through stressful events might also not have a strong network of support to fall back on. This is a cocktail for disaster.
Stay Safe from Scams
Learning about these risk factors can help you stay safe from scams. In times of stress, don’t let your guard down. Investigate suspicious calls and reach out to loved ones for help if needed.
You might know to stay clear of calls from unknown numbers, as these can be scams targeting you for money or information. The ubiquitous calls asking about your car’s extended warranty, for example, are easy to hang up on. But what about when you receive a call from an unknown number and the person on the other end of the line is from Medicare? Or the IRS? Would you be so quick to hang up? Scammers prey on this hesitation in order to steal from vulnerable seniors. Learn more about how to spot government imposter scams so that you can stay safe.
What Are Government Imposter Scams?
Government imposter scams typically involve phone calls. The person on the other end of the line will immediately jump into either threats, demands, or even offerings of money to get you to give up information or money. According to AARP, some of the most common government imposter scams include:
Posing as a Medicare employee
Pretending to be from the Social Security Administration
Acting as a student loan officer
Pretending to give out a grant
Posing as the FBI
How to Stay Safe
The government will not call with demands—instead, government agencies will typically communicate through the mail. If you’re concerned about a phone call or other communication, hang up and call the agency yourself or look into what the scammer is saying online. It’s likely that other individuals have reported similar calls.
The Seniors Center wants retirees to stay safe from scams. Keep up with our blog on scams, fraud, and abuse to help ensure that you’re not caught off guard. And follow us on Twitter and Facebook for more updates!