Staying aware of the latest scams is important for everyone, but it’s especially crucial for seniors. Scam artists often target older adults because they may be more trusting or less likely to report a crime.
However, the American Bankers Association has put together a series of short videos that can help seniors learn about the most common types of scams. Called the “Safe Banking for Seniors Scams Awareness Series,” these seven videos detail some of the most common types of fraud, including family imposter schemes, sweetheart scams, and lottery scams.
You can view the first one below:
Each video is under two minutes long and features tips on how to avoid being scammed, as well as what to do if you think you’ve already been victimized. This knowledge can be invaluable in helping seniors protect themselves and their finances.
You can watch the entire series on the American Bankers Association’s website or on YouTube.