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  • Home
  • About PACB
    • Our Team
    • Board of Directors
    • PACB Services, Inc.
    • Hall of Fame
    • PACB Headquarters
    • Contact
  • Membership
    • Benefits of Associate Membership
    • Become An Associate Member!
    • Member Listing
    • Member Login
    • Sponsorship & Exhibition Opportunities
    • PACB Job Board
    • PACB Board Portal Access
  • Advocacy
    • PACB Advocacy and Issues
    • Capitol Connect - PACB Discussions
    • Legislative Events
    • Legislative Update Calls
    • FIRSTPAC
    • Grass Roots Lobbying
    • ICBA Community Bank Advocacy
  • Education
    • Education & Event Calendar
    • Knowledge Hour Series
    • Webinars
    • NextGen"U"
    • PACB Foundation Scholarships
    • Sponsorship Information
    • Center for Financial Training
    • SBS Institute Certification Programs
  • Communications
    • PPP News & Information
    • News
    • Coronavirus Resources
    • Consumer Services >
      • Consumer Tips
    • Hometown Banker Magazine >
      • Advertising Opportunities
      • Transactions Archives
    • Hometown Banker Website
    • IMPACT Awards
    • Social Media
    • Photo Galleries
    • Video Collections

Consumer Tips

How to Prevent Senior Fraud

9/8/2016

 
Picture if elderly man talking on the telephone while holding his blue credit card and reading the numbers
As  the senior population in this country continues to grow, so do the financial crimes committed against them. Stealing seniors’ hard-earned money is one of the most prevalent forms of financial fraud that takes place today. Scammers are repugnant but not stupid, and they prey on the vulnerability, trusting nature and, often, the loneliness that make seniors an easy target.
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The best way to prevent this is education about the common scams and fraud techniques used by those who target the elderly. This means not only ensuring that seniors in your life know what to watch, but also that they will come to a loved one for advice before they take action when approached by someone asking for money or personal information. Listed below are some of the most common scams currently used to victimize seniors.


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