People may be approached and asked for donations to non-existent charities that take advantage of their goodwill.
People could receive email messages that seem to be from a legitimate financial institution asking them to update or verify their details. The fraudsters then use this data to access their funds. Some are also tricked into downloading free software (such as an anti-virus) that infects their computers and steals their personal information.
These are very common among older people. Scammers pretend to be family members and ask for money to be deposited into their account. Other tech-savvy scammers request remote access to the victim’s computer, directing them to unknowingly download a virus that skims their computer for information.
Many people fall victim to pyramid schemes that promise great returns yet never deliver. Others may be duped by the Nigerian prince or fake inheritance scam that requires the user to send money in order to release a large sum of cash from a deceased relative or foreign royal.
The victims are told that they have won money in a sweepstake but must pay taxes and fees to have it deposited into their bank account. After paying the fees, the ‘prize money’ is never sent.
People in search of companionship may be befriended by bots or scammers online. These scammers then convince the victim to send gifts of money for various personal needs. This can take place over many years, with the victim paying thousands to the fraudster over time.
Seniors are often the target of scams. Find out about the most common scams that senior people are most likely to fall for, and how to help your loved ones avoid fraudulent activity.