Huntington National Bank
Scams Targeting Seniors and Prevention Tips
Pages
2
Time to read
5 mins
Publication
Language
English
Pages
2
Time to read
5 mins
Publication
Language
English
This guide outlines various scams that specifically target individuals aged 60 and older, detailing how these scams operate and providing preventive measures. The document highlights the significant financial impact of such scams, with the FBI reporting losses exceeding $3.4 billion. It describes common scams, including the grandparent scam, where fraudsters impersonate family members in distress, and scams related to Social Security, Medicare, and the IRS, which aim to extract personal information. Additionally, it addresses technical support scams that involve deceptive pop-ups and phishing emails that mimic legitimate sources. The guide emphasizes the importance of critical thinking and caution when responding to unsolicited communications. It also suggests practical steps to safeguard personal information and financial assets, such as verifying calls, avoiding suspicious links, and setting up account alerts. The document serves as a resource for seniors to enhance their awareness and resilience against fraud.