scams

$25: What Scammers Pay for Your Identity

Posted on 02/27/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsConsider it the law of Evil Economics: With the identity theft business booming, prices for stolen personal information sold on the black market have reached record low prices. “It’s simple supply and demand,” explains Jon Ramsey, chief technology officer at Dell SecureWorks, a division of the computer behemoth. “The identity theft business is so good that there’s a glut on the market” of everything crooks need to commit financial fraud. The result: It costs them less to obtain your stolen identity …

Lessons to Learn from 2013’s Top Scams

Posted on 02/12/2014 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsAs kids, we were taught to share, be polite and trust authority. Based on 2013’s top scams, as chosen by the Better Business Bureau, doing the opposite seems better advice to protect yourself. Don’t share your personal information – online or in response to unsolicited telephone calls or text messages. Don’t worry about being rude to those who request it: hanging up the phone is better than losing money or identity theft. Don’t trust claims in unsolicited emails and telephone calls that it’s really …

11 Things We Didn’t Know Last Week

Posted on 02/12/2014 by |News, Culture, Sights and Sounds | Comments

11 Things | Bulletin TodayNews, discoveries and … fun 1. Valentine’s Day is for lovers … and scammers. (Learn more at AARP) 2. Barbie, 55, is #unapologetic about appearing in Sports Illustrated’s 50th anniversary swimsuit issue. (Learn more at Ad Age) Spotted in NYC: Barbie traded her parka for a one-piece! What are you #unapologetic about today? pic.twitter.com/CqnFl6ZLQP — Barbie (@Barbie) February 10, 2014   3. The FDA has approved a pill camera to replace some colonoscopies. (Learn more at AP) 4. Discussing movies about relationships …

Outsmart Con Artists: Arm Yourself Against Fraud

Posted on 01/21/2014 by |AARP Blog Author | Comments

Money & SavingsThe following is a guest post by Nancy Mahoney, an AARP Foundation ElderWatch volunteer in Colorado. Each year, millions of Americans lose their hard-earned money to identity theft, investment fraud and other types of scams.  Last year alone, 12.6 million Americans were victims of identity theft — that’s one person victimized every three seconds. They are people just like you and me who told themselves they’re too smart to fall for a scam. Yet, as a volunteer with AARP Foundation …

Cyber Scam Predictions for 2014

Posted on 12/27/2013 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsAs the year closes, leading online security vendors are looking into their crystal balls – or rather, reviewing recent trends of trickery – to predict the top cyber scams of 2014. Some notables worth a mention: TVs watching you. Many traditionally “dumb” devices are getting “smarter” – televisions, gaming systems and even baby monitors are being connected to the Internet and often contain cameras or microphones. So, many cybercops predict them to be a magnet for attack, such as remote spying. …

Bogus Bank Calls Are Back

Posted on 12/13/2013 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsDon’t “bank” on the authenticity of phone calls or text messages that claim to be from your financial institution, warning that there’s a problem with your account, debit card or credit card. This old scam is back, with a new wave of these bogus bank alerts. In the past week, according to news reports, thousands of people have been targeted in at least five states — Georgia, Kentucky, Massachusetts, Minnesota and Missouri. But there could be many more. The scam works …