There’s no short cut to success. Yet, in this era of crypto currency and online traffic, digital media has multiple ways of getting our info, selling them to third parties without our permission. That leads to the vulnerability of our data and constantly, third party marketing agencies; target our lucks, our vulnerability in forms of free lucky spin wheels and lucky draws online. Is it that, we are in luck or being fooled?
Scams and frauds are truly some of the lowest forms of exploitive crime, namely because their effectiveness is based on playing off the victim’s emotions. Whether it’s using fear tactics, promises of financial security, or even the enticement of a loving relationship, scams require some form of mental investment on the part of the victims. This investment can lead to feelings of mistrust and depression once the victim is aware of the crime.
Phone scams are on the rise with criminals specially targeting the elderly people because elder scams typically target individuals who have an inherent sense of trust in others, a certain level of naivety about technology and crime, and a fear of appearing incompetent to care for themselves, and worst of all, a limited income. Victims who are trusting, unaware, and who don’t have spare money to waste on criminals should be off-limits, but instead, they’re the prime targets for thieves…
Crimes against the elderly continue to skyrocket each year, as criminals continue to find more ways to carry out both new and old scams.
Here are some of the top forms of elder scams and fraud that senior citizens need to watch out for -:
- Utilities Scams– Seniors are often targeted by individuals who pose as representatives from a utility company, such as the phone, power, or gas companies. The reason is simple: with the threat of losing their service hanging over their heads, elderly residents are likely to pay up. If an agent calls to say that your gas bill is overdue and your heat is about to be cut off, or someone calls and states that your electricity is about to be suspended for non-payment, hang up immediately and call the utility company directly using a verified phone number.
- Lotteries or Sweepstakes Scam– Callers go after senior citizens with scams involving lotteries or sweepstakes largely because most seniors could stand to use a little extra money. Even with the most meticulous planning for retirement, there’s a prevalent concern about having enough money set aside to weather any illness or medical condition, to pay for supervised care should the need arise, or just to leave a little inheritance to loved ones. So scammers play off of those feelings by promising you instant wealth in exchange for paying the “taxes and fees.” Remember, you will never be called and told you’ve won some mysterious prize, especially one that you don’t remember entering.
- Phone Scams– There’s an awful stereotype surrounding older adults—one of loneliness, coupled with an abundance of free time on their hands during the day—that makes them ripe for phone scams. By assuming the potential victims will be home to take the call and easily frightened into compliance, scammers are able to bilk older victims out of a lot of money. Even more alarming, many senior victims have admitted to not reporting the scam because they felt guilty for being so gullible, or were concerned about having their mental faculties called into question.
- Health Care Scams– Whether it’s an irate billing clerk or someone posing as a Medicare agent, senior citizens are easy targets for health care scams. The reasons are simple. First, once a citizen reaches the age of 65, Medicare is automatic; that means a scammer doesn’t have to phish around in the dark for an unwitting victim. Also, as whole, elderly adults receive more frequent health care visits, meaning threatening callers posing as a billing clerk are more likely to be believable. Remember, your health care is a privacy issue. If anyone contacts you concerning an unpaid bill, asking for “verification” of your Medicare account, or any other health-related issue, refuse to comply.
“Corruption Is Worse Than Prostitution. The latter might endanger the morals of an individual; the former invariably endangers the morals of the entire country”