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emailAARP: No Substitute For Basic Safe Surfing, Identity Theft Protection
Posted on Wednesday, November 2nd, 2011 by Elaine Rigoli
The AARP says there is “no substitute for basic safe surfing” in response to the following question submitted by a reader:
“Q. Are there any monitoring services — ideally, for free — that can warn me if my personal information is being sold on those online ‘black markets’ that hackers run?”
Among the various tips provided in the answer here, the key piece of advice is that consumers need to carefully guard their financial account numbers, Social Security number, and date of birth. Read More
‘Scam Jam’ Educates Seniors on Identity Theft Risks, Common Fraud Tactics
Posted on Thursday, May 26th, 2011
Seniors in Richmond, Kentucky, recently attended a free “Scam Jam” seminar to learn how to prevent falling victim to insurance fraud or identity theft. The speakers told the audience that the elderly are one of the largest targets of insurance swindlers, and an average identity-theft victim can expect to see over $6,000 illegally charged in their name. Some common investment fraud schemes occur via Internet and social networking scams, and as this article in The Richmond Register explains, “identities are stolen for a variety of reasons, but can allow the con artists to open credit card accounts, take out loans, apply for utility and cell phone services, open bank accounts, seek employment, and obtain medical care.”
Elder Identity Theft: Not Everyone Respects Their Elders
Posted on Wednesday, May 18th, 2011 by Nikki Junker
The injuries suffered by an older person from physical abuse or neglect are tragic, but there is another, less publicized, form of abuse: financial exploitation. Financial abuse or exploitation can rob a senior of self-esteem and trust, as well as of his or her means of subsistence. It is a serious and shameful crime. When a relative, friend or caretaker exploits an older person and manages to drain away savings, assets and good credit that have taken years to accumulate and establish, the result can be devastating. Read More