scam

How Target-Like Breaches Occur (P.S. More Are Expected)

Posted on 01/28/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsMaybe you are among the 110 million Target shoppers whose payment card or personal information was hacked during the recent holiday shopping season. Perhaps you are one of the 1 million-plus Neiman Marcus customers whose data was exposed in a 2013 breach just recently announced. Been to Michael’s lately? The arts and crafts retailer is the latest well-known company whose customer payment details were reportedly stolen in the same type of data breach. How are con artists doing it — and which …

Fighting Health Care Fraud: The Power of One

Posted on 01/17/2014 by | Legal Grounds | Comments

Bulletin TodayCan a single federal prosecutor make much of a difference in the war against health care fraud? Yes, a new analysis of Justice Department statistics suggests. And the stakes are enormous: Fraud is thought to cost the Medicare program alone up to $90 billion each year. The analysis — from the Transactional Records Access Clearinghouse (TRAC), a nonprofit group based at Syracuse University — shows that federal prosecutors filed a record number of new health care fraud cases in fiscal …

Beware the ‘Befriender’

Posted on 12/3/2013 by | Legal Grounds | Comments

Bulletin TodayIt’s often true that older people feel lonelier as their children leave the nest, their friends move south and their spouses pass away. That’s one reason they’re particularly vulnerable to new “friends” who in truth are out to exploit them. As Katherine Pearson, a professor at Penn State’s Dickinson School of Law, explains in the Elder Law Prof Blog, these “befrienders” aim to gain the trust — and eventually access to the assets — of their victims. But if you …

Rent to Own? It Could Cost You Big Time

Posted on 11/14/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsAs the holiday shopping season gets under way, you may be tempted to buy that fancy flat-screen TV, a laptop with the latest technologies or a stylish sofa to replace the one your cat uses as a scratching post. (I’m talking to you, Indy). To pay for that big-ticket item, you may be tempted by rent-to-own deals in department stores that now offer them, like Kmart and Sears, according to a Bloomberg report. , rent-to-own deals usually take advantage of …

Fraud Watch Network: Fight ID Theft and Scams

Posted on 11/12/2013 by | AARP Executive Vice President | Comments

Money & SavingsThe con gathers an arsenal of information by being personable and being friendly… the logic goes out the window, the emotion kicks in, now I’ve endeared you to me, now I’m no longer the predator on the phone, I’m Jim from New York.” – Jimmy Edwards, The Con Artist’s Playbook The scam is sometimes deceptively simple, as easy as stealing a credit card offer from your trash. Other times it can be far more complex, like the infamous con preying …

Medicare Spam Increases 10-Fold

Posted on 11/6/2013 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsDuring Medicare Open Enrollment,  which started Oct. 15 and runs through Dec. 7, there’s usually an uptick in online spam pitching supplemental plans. But this year, it’s gone epidemic — with a 10-fold increase compared to recent months in these always annoying and sometimes risky offers, reports messaging security firm Cloudmark. >> Sign up for the AARP Money newsletter The reason may go beyond just the calendar: It looks like spammers are exploiting confusion over the Affordable Care Act – and how it …