Tag / senior scam

pexels
by joshuastanley720

How Seniors Can Safely Store Personal Information

Knowing how to safely store personal information is more important than ever, especially for seniors. As more of our lives go digital, knowing how to protect sensitive information can prevent scams, identity theft, and lost data.

Start by using strong passwords. Avoid simple words or numbers, and instead create passwords with a mix of letters, numbers, and symbols. Consider using a password manager to securely store and organize your passwords. This tool eliminates the need to remember multiple passwords while keeping everything safe in one place.

For physical documents like Social Security cards, financial statements, and medical records, store them in a locked drawer or safe. This keeps sensitive paperwork out of reach from visitors or house staff. Regularly review what documents you truly need, and shred outdated paperwork that contains personal information.

It’s also smart to back up digital files. Use external hard drives or secure cloud services to store important documents like legal forms, bank statements, and medical records. This ensures you can access them in case of a computer issue or cyberattack.

Lastly, be cautious when sharing information. Avoid sending personal details through email or over the phone unless you’re absolutely sure of who’s on the other end.

By taking these steps, seniors can enjoy peace of mind knowing their personal information is stored safely—both digitally and physically.

by joshuastanley720

Understanding the “New Terms and Conditions” Social Security Scam

Do you accept the new terms and conditions?

This phrase has become so common in the digital age, we often don’t think twice about it.

But if you’ve got an email in your inbox talking about “new terms and conditions,” it could be a scam. This is especially true if it claims to be from the Social Security Administration.

Such a communication can seem innocent enough, and even look legitimate depending on how it’s prepared. However, it can actually be used to get your personal information.

This Social Security Scam is Already Landing in Inboxes

As reported here, this scam is well documented. And as a new year sets in, it’s a prime opportunity for scammers to weaponize this old trick.

This email targets people receiving Social Security benefits or those who have recently applied. It presents itself as a standard SSA communication. The purpose is supposedly to inform people about new terms and conditions to their account.

The idea is to get people to click a link and agree to these new terms – but in reality, they’re agreeing to hand over their information to fraudsters. It’s a subtle trick, so make sure you know how to spot it.

If you get any email claiming to be from the SSA, contact the organization directly. Never click a third-party link as a means to access your account. If there are any updates to terms and conditions, you’ll find out from the official source.

If it turns out the email was a scam, you can report it to help crack down on these activities and protect others in the process.

Emails and communications like this are all too common. But by staying vigilant, we can protect ourselves and one another. Want more insights into scams and how to stay safe? Follow our blog page! We post anti-scam awareness content every week. Let’s protect our information – together!

Facebook – Twitter

by joshuastanley720

Survey Reveals Financial Fraud is a Major Senior Health Concern

They say health is the greatest wealth, and for good reason.

There’s no denying that being financially well-off can benefit a person’s health. The opposite is also true, as financial worries can exacerbate or even cause health issues, especially for seniors.

A recent survey from the University of Michigan shows that financial fraud and other scams aren’t just a problem for seniors – they’re one of the most serious health concerns people in this age group face.

Financial Fraud Ranks as One of Seniors’ Top Concerns

According to the National Poll on Healthy Aging, fears about financial fraud rank in the top four concerns of seniors when it comes to their well-being.

On a list of the 10 biggest worries seniors face regarding their health, costs dominated the top three spots. Specifically, concerns about the cost of medical care, assisted living, and prescription medications. But the fact that financial fraud ranks so close behind shows how serious this concern is.

Financial scams can rob seniors of their life savings. They turn what should be a fairly earned, secure retirement into a nightmare of uncertainty. Many scams involve Social Security, and these can put a person’s benefits in jeopardy in some cases.

Perhaps worst of all, these instances of fraud can take a person’s peace of mind. Scams can make a person feel vulnerable and violated, raising their stress levels. In addition, being targeted may make a person less likely to interact with the outside world. This interaction is crucial for seniors and older individuals who need to avoid loneliness as they age.

We here at The Seniors Center understand how serious scams are. It’s why we publish weekly content on how to avoid financial fraud, Social Security schemes, and other types of crimes designed to defraud seniors and people of all age groups.

To make sure you never miss a post on how to protect your identity, information, finances, and health, take a second to bookmark our page today.

by joshuastanley720

Beware of Social Media Investment Scams

Social media investment scams are becoming more common, leaving victims with significant financial losses.

Investing in stocks should be a fair opportunity for companies and investors to grow together, but scammers take advantage of market speculation to deceive and manipulate others.

Today, we’re highlighting what financial analysts refer to as a “pump-and-dump” scheme, where investors are pressured to buy into a stock, driving up its price artificially, only to be left with losses when the bubble bursts.

Spotting the Signs of a Fake Investment Scheme

Many investors seek expert advice—whether they’re newcomers learning the basics or experienced traders looking to refine their portfolios.

This is where scammers see an opportunity. They’ll pose as experts on social media, sometimes even spoofing the identities of celebrities, and encourage their victims to invest heavily in a specific stock. They claim their “expert analysis” ensures the stock will skyrocket and they urge investors to get in early for maximum gains.

In reality, they’re creating a buying frenzy to drive up the stock’s price—so they can sell off their own shares at the peak. Once they cash out, the stock crashes, leaving unsuspecting investors with steep losses.

There are some warning signs to look for. Make sure you’re getting advice from a seasoned investor you know and trust. If it’s a well-known figure, check their official channels to verify the information. Scammers often create fake profiles or use manipulated screenshots to appear credible.

Scammers thrive on urgency and exclusivity, pressuring victims to act fast before they have time to think critically. Legitimate investment professionals understand that sound financial decisions take time and that there’s no guaranteed shortcut to wealth in the stock market.

If someone directs you to invest specific amounts into specific stocks, be wary—it’s a classic manipulation tactic. An even bigger red flag is being given a script on how to respond if questioned. This is often a ploy to shield scammers from scrutiny while keeping you in the dark.

Trust your instincts. If something feels off, step back and consult a reputable financial advisor before making any moves.

For more content on avoiding social media investment scams, Social Security fraud, financial schemes, and more, follow our blog.

by joshuastanley720

The Hidden Risk of Instant Payment Apps: A Convenient Tool for Scammers

The selection of instant payment apps available today makes it possible to send money fast to almost anyone, anywhere.

Venmo, Apple Cash, PayPal, Zelle, Cash App, and other similar solutions boast about how fast and easy it is to complete transactions using their systems. However, speedy and easily accessible platforms can also be tools for scammers to exploit unsuspecting victims.

How does it work? Simply put, these apps are so easy to use, commonplace, and quick to process transactions that a scammer can deceive or pressure you into sending money that’s irretrievable and, in some cases, even untraceable.

How Scammers Weaponize Instant Payment Apps

Imagine you receive a message. A stranger says they accidentally transferred money to your account, purely by mistake. They may claim they entered the wrong information, and say they’ll be out hundreds or thousands of dollars if you don’t send the money back.

The person may beg and plead, saying they desperately need the money. They may even pressure you, threatening potential legal action if you don’t return it. Some people in this situation may think, “The money is in my account, all I have to do is send it back.”

Here’s where the trick comes in. After you process your transaction to “return” the money, the sender reverses the initial deposit into your account, or the app flags it after realizing it was fake. But the scammer now has your returned money. And given how fast and anonymous many of these apps are, there’s no way to get it back.

These scams happen every day, like in this story, where a person was targeted for $3,000. The safe solution here is to ignore any requests or demands to send money back. Remember not to spend it, either, as the deposit is fake and will be reversed. You may even want to report it to your bank and to the customer support line of the app in question.

In next week’s post, we’ll go over some safe strategies you can use to transfer money in a more secure way, so you can conduct transactions without putting yourself at risk. Make sure to bookmark us so you don’t miss this important follow-up post.

pexels
by joshuastanley720

Scam Alert: Phishing Emails Are Targeting Social Security Recipients

The Social Security Administration (SSA) has issued a new warning about a dangerous phishing scam targeting retirees. Scammers are sending emails that look official, complete with SSA logos and language like “letter of reinstatement,” in an attempt to trick recipients into clicking links or handing over personal information.

Phishing is a cybercrime where criminals pose as trusted institutions to deceive people into revealing sensitive data such as Social Security numbers, banking information, or passwords. These messages often use scare tactics to create urgency. In this scam, fraudsters may claim your Social Security number has been suspended, used in a crime, or that you must verify information immediately to avoid losing benefits.

These messages are 100 percent fake. The SSA does not initiate contact via email, text, or social media to request personal information. They will never threaten you or demand urgent action through digital means.

Here’s how to protect yourself:

  • Do not click on links or download attachments in suspicious emails.
  • Never provide personal or financial information via email or text.
  • Report suspected phishing to the SSA’s Office of the Inspector General at this link.

If you’re ever unsure about a message, contact the SSA directly through their official website or toll-free number.

Retirees have worked hard for their benefits, and they deserve to enjoy them without fear. Unfortunately, scammers know that Social Security is a lifeline and often use it to exploit trust and confusion.

We’ll continue to monitor these threats and share updates to help protect your identity, your benefits, and your peace of mind.

pexels
by joshuastanley720

Watch Out for Summer Travel Scams – Here’s How to Stay Safe

Summer is prime time for fun – and for summer travel scams.

With people booking trips, hitting the road, and spending more money online, scammers see an opportunity. Here are a few of the most common summer travel scams to watch for and how to stay one step ahead.

One big red flag? Unbelievable hotel or event deals that pop up in texts, emails, or social media ads. If the price seems too good to be true, it probably is. These scams often ask for upfront payment or your personal info to “hold” the booking. Instead, always book directly through trusted websites or the hotel’s official site.

Another one making the rounds is the fake toll or traffic violation scam. You might get a message saying you owe money for missing a toll or speeding. Don’t click the link or call the number. These scammers are trying to steal your money, driver’s license number, and more. If you’re unsure if the claim is legitimate, contact the local toll collecting organization.

Everyone has encountered the persistent telemarketers who promote car warranties and travel insurance. But some aren’t just trying to sell you something. Instead, they want to steal your info and defraud you. Hang up. Don’t press any buttons. If you want to shop for a warranty or insurance, contact the sellers directly yourself.

The best rule? Never share your personal or payment info with someone you don’t know or trust. If anything feels off, end the call, close the email, or delete the text. Then go straight to the source, and use a number or website you find yourself.

Bonus tip: set up alerts on your bank and credit cards so you catch unauthorized charges quickly. And keep your devices updated and secured with strong passwords.

Scammers don’t take vacations, but you can still enjoy yours by staying alert and protecting your info.

by joshuastanley720

Protecting Against Social Security Scams Targeting Dementia Patients: A Guide for Caretakers and Loved Ones

As caretakers or loved ones of individuals with dementia, it’s vital to remain vigilant against the ever-evolving tactics of Social Security scams targeting dementia patients.

Sadly, those with dementia can be more susceptible to exploitation, not because of gullibility, but due to the cognitive challenges they face. Scammers are aware of these vulnerabilities and prey on them.

Let’s explore some common tactics scammers use, as well as how dementia patients and their caretakers can remain safe.

Facts About Social Security Scams Targeting Dementia Patients

Scammers often employ various manipulative tactics to deceive vulnerable individuals. They may impersonate Social Security Administration officials, claiming issues with benefits or pending legal action. Through phone calls, emails, or even doorstep visits, they instill fear, confusion, and urgency, coercing victims into revealing personal information or sending money.

For dementia patients, distinguishing between legitimate and fraudulent communication becomes increasingly difficult. As caretakers, it’s crucial to educate and implement protective measures. Firstly, establish clear communication channels with banks and government agencies, ensuring that any unusual activity triggers immediate alerts.

Encourage skepticism towards unsolicited communications, emphasizing that legitimate organizations won’t demand sensitive information or payments hastily. Implement call-screening techniques, such as blocking unfamiliar numbers or utilizing call-blocking services.

Regularly review financial statements for irregularities and consider setting up automatic bill payments to minimize the risk of missed deadlines due to confusion or forgetfulness.

Above all, foster an environment of trust and open communication. Remind dementia patients that it’s okay to ask for help and reassure them that their well-being is the top priority.

By staying informed, proactive, and supportive, caretakers can help safeguard their loved ones against the heart-wrenching consequences of Social Security scams targeting dementia patients. Together, let’s ensure that vulnerable individuals are protected and empowered in their journey.

For more content like this, follow us on Facebook and Twitter.

by joshuastanley720

Trust Your Gut: How Intuition Can Protect You from Scammers

Your gut feeling is smarter than you think—and it might just protect you from scammers.

While con artists use convincing tricks, your intuition can pick up on subtle warning signs, even when your brain can’t immediately explain them. That uneasy feeling? It’s worth listening to.

The Power of Instinct
Intuition is your brain processing subtle cues—like tone, hesitation, or inconsistencies—at lightning speed. Seniors, with their lifetime of experience, often have stronger intuition. You’ve encountered enough people and situations to recognize when something feels “off,” even if you can’t pinpoint why.

Red Flags Your Instinct Detects
In many scams, gut feelings raise the first red flag. Maybe a caller claims to be from the IRS, but their tone seems too casual. Or an online seller demands gift card payments, and something about it feels wrong. It could be that the person on the other line seems too prepared, almost like they’re reading from a script. Your instincts are signaling caution—don’t ignore them.

Trust, But Verify
When your gut says “slow down,” listen. Scammers often push for rushed decisions. Take a moment to assess the situation. Ask clarifying questions—fraudsters tend to falter under scrutiny. When in doubt, end the communication and contact the organization in question directly.

Final Tip: Your instincts are a powerful defense, but combine them with due diligence. Verify identities, avoid impulsive decisions, and stay alert. If something feels wrong, it probably is. Trust your gut—it could help protect you from scammers.

✅ Stay sharp. Stay safe. For more content on spotting and avoiding scams, bookmark our blog.

by joshuastanley720

79-Year-Old Veteran and Widower Targeted by Gold Bar Scam

Kris Owen, a 79-year-old Vietnam veteran, was planning on spending his retirement enjoying the wealth he’d carefully built up.

But after his wife was diagnosed with cancer and passed away a couple of years ago, his world was turned upside down. He believes it was this mentality of grief and fear that made him susceptible to what happened to him just recently.

Owen was the victim of a gold bar scam, a popular fraud tactic that is used to prey on seniors, retirees, and other individuals.

How a Gold Bar Scam Targeted a Senior’s Retirement Savings

Owen was minding his own business one day when he received a pop-up message. Imagine his shock when it told him his personal information had been compromised.

He received a number to call a federal agent. The agent told him to convert $80,000 of his retirement savings into gold bars and hand them over for safekeeping. Owen was still grieving the loss of his wife. The fear of someone compromising his personal information worsened his distress.

It wasn’t until after the people he was talking to asked for more money that he knew something was going on. He contacted authorities, and they set up a sting operation. The authorities caught the individual who took the bars. However, he claims he was only hired to deliver the bars, and didn’t know it was an act of fraud.

This type of scheme is all too common. If you’ve got a busy life or a lot on your plate, you’re more likely to fall for a scam. What’s the solution? Awareness. Knowing how these scams operate can help keep you safe.

Remember, no organization will ever ask you to hand over physical goods like gold or other items. If they ask for payments or even personal information, it’s best to hang up, contact the organization in question directly (whether it’s the SSA, IRS, your bank, or other) and ask if the communication you received is legit.

Follow our blog for weekly content on spotting and stopping senior scams and other forms of fraud.