financial scams

Bogus Bank Calls Are Back

Posted on 12/13/2013 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsDon’t “bank” on the authenticity of phone calls or text messages that claim to be from your financial institution, warning that there’s a problem with your account, debit card or credit card. This old scam is back, with a new wave of these bogus bank alerts. In the past week, according to news reports, thousands of people have been targeted in at least five states — Georgia, Kentucky, Massachusetts, Minnesota and Missouri. But there could be many more. The scam works …

White House Announces Coordinated Effort To Combat Elder Financial Abuse

Posted on 06/18/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsHealth and Human Services Secretary Kathleen Sebelius announced Thursday that a coordinated federal effort has been put in place to address the devastating and increasing problem of elder financial abuse. At a White House forum on elder abuse and financial exploitation, Sebelius says a $5.5 million grant under the Affordable Care Act will be used to create a federal elder justice coordination team, including officials from the Justice Department and the Consumer Financial Protection Bureau (CFPB). That team will examine previously “fragmented” elder abuse initiatives …

AARP Colorado Offers Financial and Anti-Fraud Tips

Posted on 06/5/2012 by |Volunteering | Comments

Money & SavingsThis 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 …