identity theft

Senate Panel Holds Hearing on Scams Aimed at Seniors

Posted on 07/17/2014 by |AARP Blog Author | Comments

Money & SavingsBy Kristin Keckeisen, Fraud Watch Network campaign manager Finally, some much-needed attention to the long-running grandparent scam. The Senate Special Committee on Aging held a hearing on July 16th as part of an ongoing series highlighting fraud’s devastating impact on seniors. Among the witnesses: an 81-year-old Ohio resident who lost more than $7,000 to a con artist impersonating his grandson. The grandparent, or “family emergency,” con is simple — and effective. Scammers troll obituaries and social media sites to glean personal …

4 Scams That Prey on Your Patriotism

Posted on 07/2/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & Savings | Relationships | TechnologyHappy birthday, America! Time for fireworks, barbecues and flag-waving. But know that fraudsters also have their own reason to celebrate: On July 4 (and every other day), your patriotism helps them in some of the nation’s biggest scams — especially but not exclusively when targeting those of retirement age. “Despite the stereotype, there is not a lot of data to indicate that seniors are any more trusting than anyone else,” says Stacey Wood, a neuropsychologist at Scripps College in Claremont, Calif., …

7 Telltale Signs of a Job Scam

Posted on 06/27/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsThe good news for job seekers: The government’s most recent employment report finally puts total employment at pre-recession levels, with nearly 9 million more jobs than at its low point. The bad news: Scammers are even better poised to steal the money and identities of hopeful applicants, by posing (usually online) as legitimate employers with “We’re hiring!” claims. Here are some tip-offs to an impending employment rip-off: 1. Your cash for your (background) check. The most common ruse is getting job applicants …

Don’t Become a Credit ‘Mule’

Posted on 06/11/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsCash-desperate consumers are being lured into becoming unwitting “credit mules” via a cellphone scam, the Federal Trade Commission warns. Con artists pay targets a couple hundred dollars to sign up for wireless contracts for iPhones and other mobile devices, the FTC says. The consumers then turn over the smartphones to the scammers, who “unlock” the phones so they can be used by others. The phones then are often sold overseas, where they can fetch from $500 to $1,000 apiece, says Nat …

Half of U.S. Adults Hacked: Are You Among Them?

Posted on 06/6/2014 by |AARP Blog Author | Comments

Bulletin Today | Home & Family | Money & Savings | TechnologyIn the past 12 months your personal information has likely been stolen, leaving you vulnerable to identity theft. About 432 million online accounts belonging to 110 million Americans — roughly half of all adults — were hacked in cyberattacks during the past year, according to new findings by the Ponemon Institute, a data-collection research firm. Meanwhile, Consumer Reports estimates that some 11 million Americans fell victim to email scams in 2013. And in the first four months of this year, at least 260 …