Scams have been a part of lives unfortunately for a long time. How many times have you seen an email from some supposedly high official in another country asking you to send private information to release millions of dollars to you?

Most of these emails, if not all, have spelling errors and bad grammar among other glaring mistakes that make it easier to identify as a scam. What really bothers me, is when a scammer or con artist calls a senior person and disguises themselves as a family member who is in some sort of trouble and needs money wire to them right away.

Unfortunately, many seniors fall for this scam and can end up having their savings drained. If only there was an easy way to find these thieves. They can ruin a person or a families life, but there are tips to help avoid getting scammed.

New York State Attorney General, Letitia James recently addressed scams with some tips to help prevent you from being a victim. They include knowing that the scammer or con artist will use many hooks like fear, love and money. They claim to be very trustworthy, will give you a firm deadline, tell you to keep the information to yourself, meaning tell no one of this hard to believe deal or need to wire money, it's a limited time opportunity and you can double your money, to name a few.

Our Attorney General explains more ways to identify scams, how to protect yourself and quick tips for seniors, among other resources. It's worth taking a look at the Smart Seniors: Smart Investors tips to prevent getting scammed.

via New York Attorney General Letitia James

99.1 The Whale logo
Enter your number to get our free mobile app

KEEP READING: Here are the best places to retire in America

 

More From 99.1 The Whale