Seniors after retirement, be aware of the Frauds and scams to stay safe

Seniors after retirement, be aware of the Frauds and scams to stay safe

In a society the beautiful and young are bombarded with images that it does not come as surprise that older people are forced to hide their age to participate in social circles and also in the workplace. Thus, now the 60 has become the new 40. This spirit has led many Americans older by age to seek new medications and treatments to display a youthful appearance that they are at scammer’s risk. Regardless of whether it is a face Botox or some homeopathic bogus remedies that give zero results in the name of anti-aging, the scammers are on a ride. Botox scams are creating versions and are using botulinum neurotoxin, the root ingredient that is most toxic that any bad batch can result in drooping neck muscles and much beyond wrinkles.

Phone or Telemarketing scams

Phone is the common scheme and the fake telemarketers make calls to older people and they end up purchasing over the phone twice the purchases they would otherwise do in an average. The lonely senior citizen image having nobody to talk is more likely to fall a prey to phone shopping and may not have any knowledge about the risk involved. There is no interaction face-to-face and it also lacks any trail of paper that it is hard to trace.  Thus the name of the buyer is shared among other schemers as easy target and repeatedly they continue defrauding. A few examples include:

  • Pigeon drop: The artist is a con and informs that a large sum is to be split and requests the person to do payment as good faith by withdrawing funds from their bank account. Normally, a second con is involved who mostly appears as a banker, lawyer, or some reliable stranger.
  • Fake accident: The cons get the victim and explain a child or some relative badly needs money and are in the hospital. Thus, they try to extract money.
  • Charity scams: The fake charities have become endless and this mostly happen after some natural calamity.
  • Enroll in a Medicare Supplement Plans 2019 but be sure you go to a credible online source such as


 Internet fraud

Using the internet at any age is a skill. The older people are slow and this makes them the target for the internet scams on the email and web programs. The windows pop-up as browser and it fools the victims into downloading the antivirus fake program or even an actual virus opening the information to the scammers that is on the computer of the user. The unfamiliarity of web browsing makes seniors to be prone to such traps and one is mainly the phishing/email scams.