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05/30/2012
BBB Points Out Phonies; Listen for Scam Signals
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03/17/2012
A consumer recently contacted us to help determine if a call she received was a scam. The caller offered to send her new Medicare cards, including one that offered extra benefits, then asked for the name of her bank. The consumer wisely hung up and contacted us.
It’s a scam that some seniors fall for. The crooks claim to represent Medicare or another government agency and ask consumers to update information in order to receive their Medicare cards or benefits. If the crooks can get banking information, they’ll use it to commit identity theft.
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09/23/2011
Fraud targeting senior citizens continues to be a widespread concern reported by Better Business Bureau. In 2010, more than 2,700 seniors filed complaints with BBB, and so far in 2011 BBB has received more than 1,300 complaints.
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04/01/2006
Credit is an important money management tool for both young and older consumers. Yet the elderly, particularly older women, may find it difficult to get credit.
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