As financial scams get more common and devious, Bob Carlson shares his expertise to help subscribers stay up to date
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The recent headlines about the theft of tens of millions of personal information from health insurer Anthem shouldn’t have been a surprise, and it is the type of action you should expect to hear about regularly. Your greatest risk of being scammed or having your identity stolen might be one you don’t suspect. The big […]
Older Americans have most of the money, and crooks know that. So do people who operate within the law but beyond the usual definition of ethical, selling people products that aren’t appropriate for them. That is why we have a number of ill-suited financial products specifically pitched at those 55 and over, and especially at […]
Though it does not get much attention, a high percentage of the scams and thefts perpetrated on older Americans are com-mitted by their loved ones. The number of scams on the elderly and how much money is involved are unknown, but experts suspect that family and friends take advantage of retirees more than strangers do. […]
You might be more susceptible to investment and financial fraud than you think. New research found that the most likely fraud victims do not match the stereotype of a befuddled, uninformed senior living alone. The NASD Investor Education Foundation sponsored a study to determine who among senior citizens is likely to become a fraud victim, […]
What you don’t know about retirement can hurt you. In fact, just a few wrong decisions in your investments, taxes, or estate planning could completely derail your retirement plans. Worse yet, the rules of the game keep changing, making it harder to keep up with. For these reasons, I’ve assembled all the key points – everything you need to know — into one comprehensive report. Click here for free access.
Identity theft continues to increase, and older Americans are prime targets of this crime. That’s why we constantly are looking for ways to prevent the crime and to protect your identity and wealth. Here are some new strategies to consider along with the strategies mentioned in past visits. When paying a credit card bill by […]
Identity theft continues to be the fastest-growing crime in the U.S. It also is among the most devastating. Credit records are ruined – which can affect employment and other opportunities. Also, significant time and money must be expended to correct the record and other consequences. You can protect yourself from ID theft, as we’ve discussed […]
A new law was enacted fairly quietly at the end of 2003. It promises greater protection against identity thieves and more help for victims of the crime. Identity theft is believed to be the fastest growing crime of recent years. The Federal Trade Commission estimates that in 2002 there were 9.9 million victims of ID […]
Identity theft still is the fastest-growing crime in the nation. But the crime is changing as individuals and authorities become more aware of the problem. The good news is that victims are discovering ID theft crimes faster. The bad news is that the effects are more costly and longer-lasting. The crime now is discovered within […]