Outsmart Con Artists: Arm Yourself Against Fraud

The following is a guest post by Nancy Mahoney, an AARP Foundation ElderWatch volunteer in Colorado. Each year, millions of Americans lose their hard-earned money to identity theft, investment fraud and other types of scams.  Last year alone, 12.6 million Americans were victims of identity theft – that’s one person victimized every three seconds. They are people just like you and me who told themselves they’re too smart to fall for a scam. Yet, as a volunteer with AARP Foundation …

Foreign Lottery Scams Target Older Americans

The following is a guest post by Beau Ballinger, sr. program specialist for AARP ElderWatch in Colorado Recently I learned the story of an Idaho man who was visiting his 81-year-old widowed mother when he noticed large amounts of cash being withdrawn from her bank account, totaling $26,000. His mother admitted that she had been sending money to Jamaica. She’d been told she had won a $2 million lottery, and all she had to do to collect the prize was …

AARP Colorado Offers Financial and Anti-Fraud Tips

This post was written by Becky Squires of  AARP Foundation. In Colorado, AARP and AARP Foundation joined forces this year with the Spending Moments Program to produce three provocative short videos about managing personal finances. Lesson 1: Learn a simple exercise to help you save money     Lesson 2: Create a Budget     Lesson 3: Learn about Time Value   The videos feature Shawn Young, developer of the nonprofit Bootstraps Education program in Denver, and were created to …