Sunset Stories

Avoid These Holiday Financial Scams

Posted by Gayle Young on Dec 14, 2018 8:17:38 AM

Aging Americans lose an estimated $36.5 billion each year to financial scams—and deceptive activity is especially high during the winter holiday season. Many older adults are trusting individuals with good credit and savings in the bank—qualities that make them likely targets for financial fraud. What’s more, scam victims are often too ashamed to report the crimes, making law enforcement efforts extra difficult.

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Topics: Articles, Holidays, Aging, Safety, Senior Scams