We’ve said it countless times: those who attempt – and often succeed – at scamming senior citizens of their savings are among the worst of the worst. Now lawmakers want to know if the Wells Fargo employees who created millions of unauthorized accounts were preying upon vulnerable senior citizen customers. [More]
elder fraud
Scam Victim’s Grandson Isn’t In Jail, Doesn’t Need $10,000 In iTunes Gift Cards
The basic story seemed plausible enough: a Chicago woman’s grandson got on the phone and said that he was in jail because he caused a car accident because he was texting while driving. Kids today definitely do that, right? The problem was that the “grandson” was an impostor, there was no accident, and he didn’t have a lawyer who was collecting iTunes gift cards to cover his bail. [More]
Mother-Daughter Scam Tag Team Targeted Seniors Via Obits
Vultures. A mother and a daughter were arrested for skimming through the local obituary pages and calling up the spouses pretending to be from the bank or credit card company. They would say that the recently departed owed the company money, and the survivor needed to provide a blank check or a credit card. [More]
Five Questions That Could Reveal Elder Fraud
Scam artists steal $2.6 billion from the pockets of unsuspecting seniors every year. To make sure your parents and grandparents aren’t one of the victims, ask these five quick questions. [More]