Top 10 Scams Against the Elderly – Aging Wisely

The guide, "Fighting Fraud: U.S. Senate Aging committee identifies top 10 Scams Targeting Our Nation’s Seniors," is a comprehensive anti-fraud resource for seniors, according to the announcement by Senators Susan Collins and Ranking Member Claire McCaskill.

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According to the National Council on Aging (NCOA), here are the top 10 financial scams that are wreaking havoc in the lives of seniors. Top 10 financial scams targeting seniors 1.

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Brandy Bauer is Associate Director of NCOA’s Center for Benefits Access, where she educates both aging network professionals and consumers about Medicare and opportunities to improve seniors’ economic outlook, including through public benefits, community service employment, financial education, and using their home equity wisely.

According to the National Council on Aging (NCOA), the top 10 scams targeting seniors include the following: Medicare – Fraudsters pose as Medicare representatives to deceive seniors into providing their personal information, such as their Medicare identification number.

The range and frequency of scams perpetrated against seniors that were reported to the Fraud Hotline in 2017 demonstrate the extent of this epidemic. In 2018, the Aging Committee intends to build. Top 10 Scams Reported To Aging committee fraud hotline from January 1, 2017, to December 31, 2017.

Top 10 Scams Targeting Seniors. As posted on www.ncoa.org. Financial scams targeting seniors have become so prevalent that they’re now considered "the crime of the 21st century." Why? Because seniors are thought to have a significant amount of money sitting in their accounts.

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The National Council on Aging notes: "Because many seniors find themselves planning for retirement and managing their savings once they finish working, a number of investment schemes have been targeted at seniors looking to safeguard their cash for their later years.". Top 10 Senior Scams.

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The United States Senate Special Committee on Aging recently released its 2019 fraud book, which warns seniors about the top 10 scams targeting elderly Americans. During 2018, the committee says.

To take on this crime wave, the Tarrant County District Attorney’s office earlier this year established an elder financial fraud. 10 other local and state groups, ultimately decided to create the.