Preventing Senior Fraud and Scams

On Monday, Commerce Commisioner Mike Rothman, Jay Haapala of the AARP,  Gary Johnson of the Better Business Bureau,  along with  Senator Carlson and myself discussed some of the trends in fraud involving senior citizens and provided suggestions to  prevent the crimes.   The event took place at the Wescott Library in Eagan.

Seniors have a great portion of the nation’s wealth and , therefore, make good targets.

Some important tips:

Don’t do business over the phone with people you don’t know.

If someone that you don’t know calls or comes to your door and then asks for your checking account number or other personal information during the conversation,  it is a good idea to just say NO.  NEVER GIVE PERSONAL INFORMATION OVER THE PHONE.

Keep your social security number confidential.

Look out for callers that say they are doing medical updates, and proceed to ask for personal information.

Be wary of contractors who want their money upfront.

Remember to report a scam.  Unfortunately, too many people are uncomfortable reporting this activity and the wrongdoers move on to the next victim.

RESOURCES:

Minnesota Department of Commerce                  651-539-1500

Minnesota Attorney General’s Office                   800-657-3787

Better Business Bureau                                            800-646-6222 or www.bbb.org 

AARP                                                                                 aarp.org/fraudwatchnetwork

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