fraud

Love: A $56 Million Ripoff

Posted on 05/24/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsThe following is a guest post by Sid Kirchheimer: Love don’t cost a thing?  Not according to the latest findings of the FBI’s Internet Crime Complaint Center. More than 10 percent of total financial losses in online scams reported last year — about $56 million out of the $525 million overall — involved romance ripoffs. The biggest losers, in money and heartbreak: Women 50 and older, who lost $34 million, roughly two of every three dollars in romance scams. Similarly …

89 Charged in Medicare Fraud Busts in 8 Cities

Posted on 05/15/2013 by | General News | Comments

Bulletin Today | Personal Health | PoliticsBy Kelli Kennedy and Pete Yost, The Associated Press WASHINGTON (AP) — Nearly 100 people, including 14 doctors and nurses, were charged for their roles in separate Medicare scams that collectively billed the taxpayer-funded program for roughly $223 million in bogus charges in a massive bust spanning eight cities, federal authorities said Tuesday. It was the latest in a string of similar announcements by Health and Human Services Secretary Kathleen Sebelius and Attorney General Eric Holder as federal authorities crack …

Responsible Solutions That Protect and Preserve Medicare

Posted on 05/13/2013 by | AARP Blog Author | Comments

Personal HealthThis is a guest post by Sean Voskuhl – State Director, AARP Oklahoma Growing up in rural Oklahoma, I saw first-hand the importance of Medicare.  Finding accessible and affordable health care was always very difficult.  Many folks had no choice but to purchase a catastrophic/high deductible plan, or they relied on a spouse to get coverage by taking a job in town, or they went without health insurance at all. Simply put, most people gambled and prayed, trying to hold …

Seniors Get Hung Up in Health Care Scams

Posted on 04/22/2013 by | Health | Comments

Bulletin Today | Personal HealthThis Kaiser Health News story was produced in collaboration with NPR. By Jenny Gold, Kaiser Health News Staff Writer One recent morning, 86-year-old Evelyne Lois Such was sitting at her kitchen table in Denver when the phone rang.  She didn’t recognize the phone number or the deep voice on the other end of the line. “He asked if I was a senior, and I said yes, and he said we are sending out all new Medicare cards and I want …

Know the Best Ways to Protect Your Money? Find Out at Money Smart Week

Posted on 04/22/2013 by | All the news that matters for Illinoisans over 50. | Comments

Your LifeLooking to boost your financial know-how?  Join AARP Illinois and more than 40 area organizations hosting free, educational events throughout the Chicago area and across the state during the 2013 Money Smart Week  (April 20-27). AARP Illinois members are invited to join volunteer Nathan Fuchs, a former trial attorney for the Securities and Exchange Commission and an Assistant District Attorney in New York in the senior fraud prevention unit, along with experts from the National Futures Association, the Commodity Futures Trading …

Foreign Lottery Scams Target Older Americans

Posted on 04/15/2013 by | AARP Blog Author | Comments

Money & SavingsThe 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 …

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