We all know the old adage, if it seems to good to be true, it probably is. Bob Twomey discusses common types of financial fraud that target the elderly on NBC 10's “Minding Your Business” television interview with host Frank Coletta. Some common schemes that target the elderly include:
- Asking you to send money
- Asking for a charitable donation
- Fraudulent investment scams
- Identity theft
- Avoiding foreclosure scams
- Medicare fraud
Have you come across any of these scams or others? Share your experience in the comments.