Each year more than 3.5 million seniors are scammed to the tune of more than three billion dollars, with an average loss of nearly $35,000. In many cases, technology has enabled creative criminals to prey upon those who are less technologically savvy. But fear not, a simple awareness of the pitfalls many people fall victim to can help you to avoid making the same mistakes. Understanding the warning signs and recognizing a fraudulent trap before disclosing sensitive information will help you outsmart swindlers. See inside for a more detailed discussion of the common scams seniors face, and strategies for how to spot and avoid them.
