fraud

3 Sneaky Schemes That Scammers ‘Bank’ On

Posted on 08/22/2014 by |AARP Blog Author | Comments

Money & SavingsMost phone calls claim there’s a problem with your bank account or credit or debit card. Some allege you qualify for a lower-interest-rate credit card because you’ve been such a good customer. And the newest trick: telling businesses that their card-swiping machines aren’t working right and credit card transactions must be made by phone. But it’s scammers delivering such unexpected news — not legitimate financial institutions they profess to represent, which most recently include Bank of America, Barclays, and scores …

My Husband, the Scam Victim

Posted on 08/15/2014 by |AARP Blog Author | Comments

Money & Savings | Your LifeBy Sally Hurme From schemes and scams to frauds and cons, when it comes to the latest tricks used to steal money and information, you name it and I’ve probably touched it or talked about it. For the past two decades, I’ve helped do consumer and financial education at AARP — covering everything from telemarketing fraud to identity theft. That’s why I was so surprised the day I came home to discover that my own husband, Art, had been a victim …

Protect Your SSN, and Be Thankful It’s Not 078-05-1120

Posted on 08/15/2014 by |AARP Blog Author | Comments

Home & Family | Money & SavingsSeventy-nine years ago today, President Franklin D. Roosevelt signed the Social Security Act into law, birthing that most important government program and, as a result, a coveted prize of identity thieves: your Social Security number. You know why you need to guard your SSN like an amped-up Rottweiler: In the wrong hands, it’s the quickest and arguably most common way for an ID thief to pose as you to open credit accounts and get medical care, your tax refund, even a job. …

Another AARP Spoofing Scam Surfaces

Posted on 07/25/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & Savings | TechnologyRobocalls continue to falsely claim that AARP is providing “free” medical alert devices (I got one just yesterday, with a displayed caller ID number belonging to a local swim club), and now there’s a new ruse faking the AARP name. This time, live representatives claim to be calling on behalf of “AARP Member Advantages,” asking you to “verify” personal information based on the lie that it’s a requirement of the U.S. government if you want to continue participating in AARP-related services …

E-ZPass to ID Theft?

Posted on 07/18/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsPerfectly timed to the busy travel season, scammers are behind phony emails supposedly sent by the “E-ZPass Service Center” or “E-ZPass Collection Agency.” So beware. Whether or not you have an E-ZPass account, the bogus message may make its way into your inbox, prompting you to click a link.   Don’t take the bait. Not only will you be asked to provide sensitive personal and financial information, but clicking that link may also install malware onto your computer that could …