Active Planning & Investment Solutions logo

2810 Fieldstream Drive North

Wilson, NC 27896

 

Phone: 252-237-4357

Fax: 252-243-2681

 

March/April 2023

Targeting Seniors

Targeting Seniors

Criminals find new ways to defraud their victims all the time. While anyone can become a victim of fraud, seniors age 60 or older seem to be the population most often targeted by scammers. Consider warning parents and older friends and relatives about these five common scams.

Grandparent Scam
The scammer poses as a grandchild or other relative or as someone calling on behalf of that individual, such as law enforcement or an attorney. The “grandchild” says he or she is in trouble and asks the grandparent to wire money for bail, hospital bills, or another fake expense.


Government Impersonation Scam
The scammer claims to be a government employee, often from the Social Security Administration or IRS, and threatens arrest or prosecution unless the victim provides funds or other type of payments.


Sweepstakes or Lottery Scam
The scammer tells victims they’ve won a sweepstakes or lottery and asks for money to pay fees and taxes on their winnings.


Tech Support Scam
Scammers call or text the victim, offering to “fix” a non-existent computer issue. The scammer asks the victim to call a toll-free number or click on a link, thereby gaining remote access to the victim’s computer or phone and their personal information.


Romance Scam
The victim meets a person online who quickly expresses deep feelings and gains the victim’s trust. The “relationship” often goes on for many months before the scammer creates a story about needing funds and asks the victim for money or bank account information. The scammer then disappears with the victim’s money, sometimes thousands — or even hundreds of thousands — of dollars.


Report fraud to the National Elder Fraud Hotline at 833-372-8311.


SUBSCRIBE

Enter your Name and Email address to get
the newsletter delivered to your inbox.

Please include name of person that directed you to my online newsletter so I can thank them personally.


CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Active Planning & Investment Solutions and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
Avantax affiliated advisors may only conduct business with residents of the states for which they are properly licensed and registered. Securities offered through Avantax Investment Services, Member FINRA, SIPC, Investment advisory services offered through Avantax Advisory Services, Insurance services offered through an Avantax affiliated insurance agency. Not all products and services are offered by all financial professionals. Products and services listed may only be offered by properly licensed individuals.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.