FTC Asks Older Americans to Help Spot Fraud

The Federal Trade Commission has created a new campaign to tap into the experiences of older adults to help others avoid being victims of fraud. “A lot of times in the media, [older] people are depicted as things happening to them; they are victims. We don’t actually agree,” says Jennifer Leach, a consumer education specialist at the FTC. >> Scams to Avoid “Most people age 60, 65 and older are doing great,” she says. “They are experienced people who have great …

Five Ways Criminals Con You Out of Your Cash

If you have money, scammers have a way to take it from you. Con artists talk about getting their victims so emotionally charged up that they are unable to think logically. They call it “under the ether,” and it is how they play on hope, fear and empathy to defraud their victims. Find out how to protect yourself from five common scams with staying power. Sweetheart. Savvy scammers do their homework, tailoring their false identity to target their victims, and …