In the most recent Better Business Bureau Scam Tracker Risk Report, romance scams continued to be the riskiest scams for ages 55 through 64, and travel/vacation/timeshare scams were again the riskiest for ages 65-plus.
Here’s some insight from the BBB about dealing with common scams targeting older adults.
• Strange phone call? It might be an emergency scam.
Older adults can be susceptible to emergency scams and other ploys because they aren’t familiar with the information about themselves and their family available online. This trick begins with a phone call from someone posing as a grandchild, niece or nephew or other young family member. Scammers research victims using social media and often know family names, travel plans and other details. The phony grandchild will claim to be out of town and in an emergency…