Alert
Close

Help hungry seniors. Deliver help and hope before Thanksgiving. Donate

Inside E Street

Diagnosis: Scam

How can doctors protect you from becoming a victim of financial fraud?

A recent survey found that one in five Americans aged 71 and older has been taken in some kind of financial con and about half of respondents said they had experienced an attempted fraud such as being pitched foreign lottery tickets or unsuitable investment. 

See also: Protect your money from scam artists.

Now a coalition of financial and medical professionals is teaming up to try to protect people vulnerable to exploitation. Doctors in 22 states are becoming the front line in assessing who has been stung by a scam and who may be vulnerable. It's an attempt to thwart a problem that causes 2.6 billion dollars in financial losses a year.  And with people 65 and older getting hooked onto the Internet in unprecedented numbers, unscrupulous con artists are finding new ways to target people through email and social networking.

Lark McCarthy discusses the issue with Dr. Bob Roush (from the Huffington Center on Aging at Baylor College of Medicine,) Pennsylvania Securities Commissioner Steve Irwin, and Deputy Assistant Director of the FBI’s Cyber Division Steve Chabinsky.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Life insurance: you are covered rain or shine

Exclusive annuities for members from AARP Lifetime Income Program from New York Life.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Homeowners Insurance
Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Find more ways to redeem points