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Fraud & Scams
Retirement can be an alluring stage of life, a time when, as a psychologist once put it, you can stop doing the things you have to do and start doing the things you want to do. But living that ideal life requires a steady stream of income that lasts as long as you do. The earlier you retire, the more important it is to manage your retirement assets wisely.
In the modern-day world of scams and other trickery, various forms of property fraud have been drawing increasing attention as opportunists wade into this arena more frequently. This article will
This is an Update Blog from the Administration for Community Living (ACL). It was written by Jackie Blaesi-Freed, Assistant Director, Department of Justice Consumer Protection Branch Summary of Elder Phone
Elsewhere on this AgeWise site we discuss how to avoid frauds and scams that typically come by way of email or telephone calls. Examples are IRS scams, grandparent scams, and sweepstakes/lottery scams. See “Finance, Legal & Insurance” under our menu header “Practical Advice & Resources.” Social media is yet another gateway for scammers who target seniors.
“Susan” from Boulder lost $21,000 through an IRS impersonation scam. She received a call from someone claiming to work for the IRS. The scammer directed her to send several electronic