Senior scams are big business for scammers. In the world of scamming, older consumers are targeted more than any other age group.Now, the upside of that (if you can call it that) is that older folks lost less money than their younger counterparts. (You might have seen a recent article by the AARP discussing that.) But, don't rest on those …
What’s In Your Wallet?
A few days ago, I was in a store watching someone pay for her items at checkout. When the cashier asked her for her credit card, she produced a wallet that was bulging with papers, bills, receipts and what could have been the remainder of an old peanut butter cracker! She found the credit card - after laying everything out on the counter. I saw …
Leonard Baer, Esq. – Elder Law, Fraud, Financial Abuse – Smart Retirement Life
In this episode of Smart Retirement Life, I’m joined thrilled to be here with Leonard Baer, an attorney whose practice focuses on elder law. Specifically, protecting seniors and their families from financial fraud and abuse. As a practicing attorney, he has been selected for inclusion in the Bar Register of Preeminent Lawyers, a registry of the …
The IRS Scam: A Scam for All Seasons
The holidays are over, the presents are put away, and we are looking forward to Groundhog Day, Valentines Day, and of course, the tax season! My personal preference is Valentine’s Day. But, as you know, the IRS doesn’t give you much choice. Mark Twain once said ... “What is the difference between a taxidermist and a tax collector? The …
Scams. Don’t Be A Sucker!
I didn’t intend to write another post on fraud, but something “got my goat.” I must receive at least six e-mail scams a day about my winnings in the lottery. I read them and laugh at the spelling errors, the ridiculous pictures placed across the page, and the message coming from someone by the name, ‘Dr. Kinglsley Moghalu.’ I think the best …
More Laws For Elder Fraud? No, I Don’t Think So!
A client posed this thought-provoking question: "Do I think the laws are strong enough to control elder fraud? Do we need more laws?" My typical reply would be, of course! We need much stronger laws and legislation to stop this epidemic. As I thought more about this, though, I changed my mind. We have strong legislation on the books. There …