Scams are nothing new, but with advances in technology, they’re becoming more convincing and harder to spot. They’re not just an annoyance; they can devastate victims emotionally and financially. What’s worse, no one is immune. Whether you’re a tech-savvy parent, a college student, or a senior citizen, scammers are constantly refining their tactics to manipulate and deceive.
I’ve had my brushes with scammers. Once, I received a phone call from someone claiming to be a sheriff in Texas. They told me my identity had been stolen and began asking very specific personal questions, like my full name and Social Security number. For a moment, I almost fell for it. Fortunately, my husband was home and encouraged me to hang up the phone. That quick decision may have saved us from potential fraud.
Another time, my son got a call from someone claiming to have taken me hostage, asking for money through Venmo. The scammer even used a voice that sounded like mine. My son was understandably panicked, but thankfully, he called me directly to confirm I was safe. It’s shocking to think scammers can now mimic voices so effectively.
These personal experiences opened my eyes to just how advanced scams have become. They also made me realize the importance of educating ourselves and our loved ones about the various types of scams and how to prevent becoming victims.
Scams Targeting Seniors
During a shred event hosted by the Russo Law Group, I attended a coffee and conversation session led by Diana Lattanzio, a partner at the firm. She emphasized the seriousness of scams, particularly those targeting seniors. Statistically, scammers often target seniors because they are believed to hold significant savings, may live alone, and may not be as familiar with rapidly changing technology.
Diana shared the heartbreaking story of her cousin, a man in his early 60s who became a victim of online dating fraud. After joining a dating app, he connected with someone overseas who ultimately convinced him to send $20,000 – $30,000 for travel expenses and clothing. He never met the woman, and the money was never recovered. Unfortunately, this scenario is all too common in the world of scams.
Common Scams You Need To Be Aware Of
The key to protecting yourself is knowing what to look out for. Here are some common types of scams Diana discussed:
Imposter Scams
Scammers may pose as IRS agents or Medicare representatives, asking for your Social Security number or date of birth. Remember, legitimate organizations already have that information and won’t request it over the phone.
Lottery and Prize Scams
If you’re told you won a sweepstake or vacation and you never entered the contest, it’s a scam. Scammers also often request upfront fees or taxes to “claim your prize.” Please don’t fall for it.
Online Dating Fraud
Scammers create fake profiles on dating platforms, build trust over time, and then request money for purported emergencies or travel expenses. If anyone you’ve only met online asks for money, it’s almost certainly a scam.
Phone Call Scams
Unknown numbers can mean trouble. Scammers will attempt to pressure you into disclosing personal information or transferring money. If you don’t know the number, don’t answer the call.
Phishing Emails and Links
These scams involve fake emails or texts with links that, when clicked, can infect your computer with malware. Avoid clicking links from unknown sources, even if they look legitimate.
Caregiver or Relative Fraud
Sometimes, the danger comes from people you trust. This can range from caregivers stealing funds to relatives manipulating older family members. Always be cautious and establish safeguards for your financial and personal information.
How to Protect Yourself
While the thought of being scammed is scary, there are actionable steps you can take to minimize your risk:
Guard Your Personal Information
Never share sensitive details, such as Social Security numbers, bank account information, or passwords, over the phone, email, or text.
Hang Up or Delete
If something feels off, trust your instincts. Hang up on unsolicited calls, delete suspicious messages, and never click unknown links.
Strengthen Passwords
Use strong, unique passwords and change them often. Consider using a password manager to store and manage them securely.
Check Your Credit Regularly
Review your credit report at least every six months to identify any unusual activity.
Shred Sensitive Documents
Don’t just toss mail with personal information in the trash. Shred those documents to prevent identity theft.
Stay Skeptical
If a deal, prize, or request seems too good to be true, it almost always is.
Take Action if You’re Scammed
Unfortunately, even with precautions, scams can happen. If you become a victim of fraud, act quickly with these steps:
File a Police Report
Contact your local law enforcement to report the scam.
Notify Your Financial Institution
Freeze your accounts and monitor them for suspicious transactions.
Report to the FTC
You can file a complaint at FTC.gov to help prevent the scammer from targeting others.
Reach Out to AARP Fraud Watch
This is an excellent resource for senior citizens who scammers have targeted.
Contact the NYS Attorney General’s Office
For those in New York, call 800-771-7755 for assistance.
Local Adult Protective Services
They can provide support, especially for elder abuse cases involving financial exploitation.
Staying Safe in a Complex World
Scammers rely on fear, urgency, and deceit to manipulate their victims. But education, awareness, and vigilance can go a long way in keeping yourself and your loved ones safe. Protect your information, trust your instincts, and don’t hesitate to ask for help if you suspect something’s amiss. By staying informed and proactive, we can turn the tables on scammers and prevent their schemes from succeeding.
