The 5th and 6th Frauds used against seniors

The fraud artists are merciless and without conscience. Victims of these cheaters are so embarrassed to admit they have been so gullible that they refuse to report what happened to them. The cheaters count on this. Don’t forget that you what happened to you probably has happened to lots of people. Sometimes the losses are so large that the victim has to adopt a different lifestyle. 

The number five used against seniors is the Counterfeit Prescription Drugs fraud.

Many seniors cannot afford some of the medications they are prescribed. To reduce costs, many will search the Internet to find cheaper drugs or more specialized medicines. Fraudsters set up fake online websites to cater to this need. Seniors pay for medications that do not work.

To protect yourself from this fraud, check out sites and be careful of fake sites where you pay for something and it never arrives. If you use online pharmacies, use only the ones that have a storefront as well. For example, Costco Pharmacy online (Canadian site).

The sixth fraud used against seniors is Charity Cheaters.

The fraud works as follows, callers claim to represent charities to help pay for disaster recovery or to provide aid for victims of a natural or man-made disaster. After a natural disaster, the fraudsters will create fake websites, go fundme pages and other online fake sites to get people to give money to help those affected by the disaster. Many seniors are very giving people and they want to help so they will respond to a request to help.

To protect yourself from this type of fraud, and you receive a phone call requesting money, ask that they send you the information by mail, not by email, and do not give credit card information. Also, ask if you will get an official donation receipt for tax credits