Be Wary of Unsolicited Messages Promising Wealth
Scammers target seniors with enticing offers, like help with transferring large sums of foreign money. Ignore unexpected emails or messages offering wealth; it is always a scam.
Verify Stories Through Trusted Sources
If someone contacts you with an urgent request for help moving money, talk it over with a trusted family member or financial advisor before taking any action. Many of these narratives, such as the "Nigerian Prince" story, are well-documented scams.
Never Send Money or Pay Upfront Fees
Fraudsters might ask for “processing fees,” taxes, or bribes to release funds. Remember, no legitimate service will ask for payments before delivering promised funds.
Do Not Share Personal Information or Banking Details
Even seemingly harmless requests for bank account information or personal data can lead to financial theft and identity fraud.
Use a Buddy System for Financial Decisions
Always consult a family member or friend before responding to financial offers. Scammers often pressure older adults to act quickly, hoping they will skip due diligence.
Report Suspicious Activity Promptly
If you encounter a potential scam, report it immediately to law enforcement, financial institutions, or anti-fraud organizations. This protects you and helps others avoid being scammed.
Install Security Tools and Use Caller ID
Use spam blockers, strong email filters, and caller ID to screen unwanted calls and emails. Staying alert to new scam tactics is crucial.
