Top 10 financial scams targeting seniors

According to the National Council on Aging, the top 10 financial scams targeting seniors are:

  • Medicare/health insurance scams
  • Websites that offer counterfeit prescription drugs
  • Funeral and cemetery scams
  • Fraudulent anti-aging products
  • Telemarketing/phone scams
  • Internet fraud
  • Investment schemes
  • Homeowner/reverse mortgage scams
  • Sweepstakes and lottery scams
  • The grandparent scam (a caller pretends to be a grandchild asking for money to solve some unexpected financial problem) JN

Source: ncoa.org

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