Tag: Seniors
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Savvy Seniors speaks to forensic investigator Dave Oswald on common frauds affecting seniors.
Seniors are vulnerable to various frauds, including Medicare scams, fake prescription offers, and fraudulent investment schemes. Phone and email scams often target them, exploiting trust and financial naivety. Awareness, education, and vigilance are crucial in protecting seniors from common frauds that can jeopardize their financial well-being and personal security.
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Protecting Seniors: Exposing the Top Fraud Schemes of 2022 and How to Stay Safe
Seniors in Ontario faced an alarming surge in fraud, with the Canadian Anti-Fraud Centre reporting $531 million in 2022, 26% affecting seniors. Top scams included false investments, romance fraud, fake services, extortion, and emergency scams. Vigilance, staying informed, and proactive measures are crucial to protect seniors from falling victim to these schemes.