Financial education and money management go hand in hand. Protect yourself and your clients by empowering them with financial literacy. April is Financial Literacy Month, and in recognition, the National Council on Aging published an article that highlights eight tips for older adults to protect themselves from money scams. Millions of older adults fall preyContinue reading “Financial Literacy: Empowering Your Clients”
Category Archives: Scams
If You Have Become a Victim of Mortgage Relief Scams, Here are 5 Actions to Take
Our previous blog discusses how to recognize and avoid mortgage relief scammers. But if it is too late to avoid being a victim of mortgage relief scams, you must follow the proper measures to report the crime, here are five actions to take. Victims of mortgage relief scams are the ones living and dealing with theContinue reading “If You Have Become a Victim of Mortgage Relief Scams, Here are 5 Actions to Take”
Mortgage Relief Scams – Saving Your Home
Many people fall behind on their mortgage payments as a result of the COVID-19 pandemic. Mortgage relief scams are taking advantage of many people. You should be wary of mortgage relief schemes if you are behind on your payments. Free foreclosure assistance is available to everyone. Anyone who attempts to charge you upfront fees forContinue reading “Mortgage Relief Scams – Saving Your Home”
Spotting Tech Support Scams
Spotting tech support scams are crucial for older adults. Scammers exploit your fears about viruses and other threats, but they don’t want to protect your computer. Instead, they want to sell you useless services, steal your credit card number, or install malware on your computer. How do you know if you’re being scammed? Here areContinue reading “Spotting Tech Support Scams”
Impostors Level Up Their Scams
Care of NRMLA OnlineA new article from AARP highlights how impostors level up their scams and have been phoning people. They pose as Social Security officers and flaunting false badge numbers to defraud victims. The head of the Social Security Administration’s Office of Inspector General warns, “Don’t believe anyone who calls you unsolicited from aContinue reading “Impostors Level Up Their Scams”
Financial Scams Targeting Older Adults
Financial scams targeting older adults are prevalent and costly. The FBI estimates that older adults lose more than $3 billion each year to fraudsters. Scammers go after older adults because they believe older adults have a significant amount of money sitting in their accounts. But it’s not just wealthy seniors who are targeted. Low-income olderContinue reading “Financial Scams Targeting Older Adults”