How not to fall victim to scammers: Scam artists' schemes against the elderly

Older people are more likely to fall victim to scammers for several reasons. They are more gullible. Many of them are not as savvy with modern technology. Sometimes age changes affect attentiveness and the ability to quickly analyze the situation. Swindlers are well aware of these features and skillfully use them in their schemes. Scammers come up with different ways to deceive. Some schemes have appeared recently. Others remain relevant for decades. Let's consider the most common ones.

False calls from relatives

One of the most popular ways to deceive. An elderly person gets a call from a scammer and introduces himself as a relative. The voice may be distorted. The person in a panic reports that he is in trouble. He asks for an urgent money transfer. For example, he says that he is in the police and needs help. Or that he has serious health problems. If you get a call with such a story do not rush to transfer money. Ask the caller to give details that only you and your relative know. Call your relatives or friends to clarify the truth.

Fraud under the guise of social workers

Swindlers can come to the homes of elderly people posing as employees of the pension fund, social services or medical organizations. They inform about new benefits or document verification. Sometimes they offer free medical services. In the process of deception, scammers elicit personal information or even steal money and valuables. Do not let strangers into your home. Real social workers come by appointment. If someone claims to be an official employee, ask to see their ID. Call the organization back and ask if an inspection has been scheduled.

Phone and online scams

Some scammers call on behalf of banks. They tell you that your card has been blocked or there is a suspicious transaction. For protection, they ask for the card number, the code on the back or a password from an SMS. You may receive messages on the Internet asking you to update your details via fake bank websites. Never give your banking details to outsiders. Real bank employees never ask for passwords or confirmation codes. If you receive a call about problems with your card, it is better to call the bank yourself at the number on the card.

False promotions or charity

Some pensioners receive messages or calls with happy news about winning a lottery or a promotion. However, you have to pay a small tax or wire money for shipping to claim the prize. If you didn't enter the competition then there is no prize. Do not transfer money or give personal details.

Scammers can also collect money ostensibly to treat children, help veterans or other good deeds. They come in person, make phone calls or send messages. In reality, the money raised goes into the criminals' pockets. If you want to help better donate through trusted foundations and organizations. Never give money to strangers.

Tips to protect yourself from scammers

To avoid being scammed, do not give personal information to anyone. Always double-check your information. Don't trust strangers and be careful online. The more you know about scams the harder it is to get scammed. If you have been scammed, don't hesitate to seek help. Tell your family and friends about what happened. Contact the police and inform the bank if fraudsters have taken over your finances. The sooner you take action the better chance you have of getting your money back.

Conclusion

Scammers are constantly coming up with new ways to defraud you, but the defense against them is simple. Be vigilant, don't make decisions in a hurry and always check the information. Your attention and caution will help keep your money safe and secure. It is important to remember that scammers can act unexpectedly and adjust to any situation. Therefore, be prepared for different types of deception and discuss possible risks with your family and friends. The more people are warned the more difficult it is for con artists to realize their schemes. Share this information with friends and acquaintances so that they also know how to protect themselves.