Serving Metropolitan Detroit Since 1944

Tips for Older Americans to Protect Themselves Against Scams

(StatePoint) Scammers are getting better at what they do all the time. According to the Data Book, Americans reported losing $10 billion to scams in 2023, a full $1 billion more than in 2022. While anyone can be a victim, elderly people are often targeted, as they are presumed to have more savings.

According to CERTIFIED FINANCIAL PLANNER® professionals, you can help safeguard your financial future with these tips:

Slow Down

From romance scams to debt and IRS scams, many scammers use emotional appeals to scare or charm their victims into giving up personal information or their money. Befor...

 

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