How to Avoid Scams and Fraud: The Basics

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Seniors are more likely to be targeted by scammers than other generations for a variety of reasons. Older adults are more trusting and polite because we’re used to living in a world where we can look someone in the eye and make a deal  — and unfortunately,  that’s just not the case anymore. Also, retirees typically have more assets and therefore more to lose. Worse yet, retirees are less likely to hear about potential scams through social networks and less likely to report a fraud if it occurs.

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