We live in an age where fraud and scams are a much normal part of our everyday lives. However, what is most surprising is that scammer’s favorite target group is senior citizens. It is scientifically proven that as you age, you are more likely to fall for fraud. And scammers take advantage of this and try different scams with the senior citizens. If you are someone willing to protect your senior loved one or you are an older adult who wants to be more aware of scammers, then this post is for you. Find out about scams that target senior citizens.
Internet and Email Scams
The Internet has taken over our lives. While most children and adults are hooked to the internet, it can be a confusing place for older adults who get this technology pretty late in their lives. According to research, most senior citizens use the internet for health information and news and have very limited information about how to send an email or browse on social networking websites.
And if you are a senior who is not so tech-savvy and receive an email that promises huge returns on a small investment, there are no reasons why you would not get excited. And if you invest or share your personal information, all you did was something completely natural. Unfortunately, scammers take advantage of this limited tech knowledge of the elderly. With claims of redeeming cash prizes, discounts on brands, and other goods, scammers get personal information such as credit card numbers and bank account details which is then used for theft.