Category Archives: Investment Scams
Identity Thieves View Elderly As Trusting Victims
Older people make easy targets for identity thieves. This is “because they are more trusting and less aware of the increasing variety of scams,” according to the website of an expert on identity theft who offers six tips for helping to protect loved ones from falling victims. http://gty.im/490785167 Denver-based John Sileo, according to his… Read More »
Problem Of ‘Pension Predators’ Is Growing
The American Association of Retired Persons is warning older Americans to be wary of what the organization is labeling “pension predators.” (Photo credit: North Charleston) A recent item in the AARP Bulletin focused on the case of a disabled Navy retiree from Laurel, MD, named Darryl Henry, who served his country honorably for two… Read More »
Website Offers Warning Signs For Caregiver Thieves
It should be the last thing people have to worry about when hiring someone to care for an elderly loved one. But it’s not. (Photo credit: Wikipedia) “Talk to anyone who’s hired someone to help care for an older loved one, and theft is almost always a major worry,” according to a recent article… Read More »
Investment Scams Increasingly Target Veterans
There is no free lunch. “There are thousands of ‘free lunch’ seminars that attract large audiences,” Elliot Raphaelson of Tribune Media Services wrote in a story published Dec. 19. “In 2007, the Securities and Exchange Commission and the Financial Industry Regulatory Authority scrutinized 110 securities firms that presented free lunch seminars. Their report found… Read More »