• FBI Crimes Against Seniors

    From Allen Prunty@1:2320/100 to All on Sun Nov 27 21:20:24 2016
    Fraud Against Seniors

    The FBIs Common Fraud Schemes webpage provides tips on how you can
    protect yourself and your family from fraud. Senior citizens especially
    should be aware of fraud schemes for the following reasons:

    Senior citizens are most likely to have a nest egg, to own their home,
    and/or to have excellent creditall of which make them attractive to
    con artists.

    People who grew up in the 1930s, 1940s, and 1950s were generally
    raised to be polite and trusting. Con artists exploit these traits,
    knowing that it is difficult or impossible for these individuals to
    say no or just hang up the telephone.

    Older Americans are less likely to report a fraud because they dont
    know who to report it to, are too ashamed at having been scammed, or
    dont know they have been scammed. Elderly victims may not report
    crimes, for example, because they are concerned that relatives may
    think the victims no longer have the mental capacity to take care of
    their own financial affairs.

    When an elderly victim does report the crime, they often make poor
    witnesses. Con artists know the effects of age on memory, and they are
    counting on elderly victims not being able to supply enough detailed
    information to investigators. In addition, the victims realization
    that they have been swindled may take weeksor more likely, monthsafter
    contact with the fraudster. This extended time frame makes it even
    more difficult to remember details from the events.

    Senior citizens are more interested in and susceptible to products
    promising increased cognitive function, virility, physical
    conditioning, anti-cancer properties, and so on. In a country where
    new cures and vaccinations for old diseases have given every American
    hope for a long and fruitful life, it is not so unbelievable that the
    con artists products can do what they claim.

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