scams

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., …

Top Summer Travel Scams

Posted on 05/28/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & Savings | TravelAs you look forward to a summer getaway, watch out for these common scams: Tricky tickets: Received a letter promising free or steeply discounted airline or cruise tickets? Read the small print — and between the lines — for words such as “eligible” and “guaranteed to win.” These mailers are often sent by vacation clubs as a lure to attend a high-pressure sales presentation where you’re promised huge travel discounts. The hook: You join by paying upfront fees that could approach five figures …

Why Your College Student Is Ideal for ID Theft

Posted on 05/16/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsIf you have children or grandkids attending college, or about to graduate, it’s time to school them on the dangers of identity theft. Last year the Better Business Bureau deemed college students the “most at-risk” group for identity theft, and those in their 20s represented 1 in 5 of all victims (higher than any other age group), according to reports filed with the Federal Trade Commission. College students and recent graduates are often targeted because they’re ideal victims. Reasons: Many …

Why Fake Check Scams Keep on Working

Posted on 05/2/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsEven in this age of high-tech trickery, one classic con continues strong: The gotcha that results from any number of scams that involves a fake check or money order. Last year, fake checks once again ranked as number one on the “Top Scams” list by the National Consumers League and recently, they’ve been on the increase in some parts of the U.S. But no matter where you live, they remain the route to rip-off in some of the most prevalent schemes …

Where to Report Scams (and Why It’s Important)

Posted on 04/18/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsSilence is golden, at least for scammers. Say nothing and their bilking can continue until you and others are bled dry. Speak up and it can stop. Take, for example, another impressive yet little-publicized bust recently announced by the Federal Trade Commission. It ended a telemarketing scheme believed to have scammed more than $20 million from tens of thousands of older Americans. The agency alleges that for 31 months, a network of scammers in the U.S. and Canada cold-called retirement-age Americans …