Money transfer scams
There are many money transfer schemes where scammers convince older adults that a money transfer is required for a particular purpose.
Fraud
This occurs when someone is working with an older adult and gains access to their bank/brokerage accounts.
Internet Scams
There are various malicious software packages that have been developed by scammers including ones that warn of viruses that don’t exist and offer fake virus protection programs, actual viruses that steal account/password information, emails claiming that large sums of money are available for transfer into users’ accounts, etc.
Funeral and Cemetery Scams
Some less than reputable funeral homes charge grieving families fees for services or products that are not required.
Other scammers contact the families of recently deceased individuals and try to extort money claiming that the deceased had unpaid bills.
The thing that really shocked me was that the National Council on Aging found that relatives or friends commit over 90% of these crimes against older adults.
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