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Protecting Yourself And Your Nest Egg

If you think you or a loved one has been the target of elder fraud, contact the Department of Consumer Protection to report the abuse.

While seniors are often targeted by scammers, there are ways you can protect yourself and those you care about.

New fraud schemes emerge constantly and the scammers are relentlessly creative. Seniors may get official-sounding e-mails seeking a fee for a bogus service or collecting an “inheritance.” Homeowners are targeted with phony service calls. In one brazen scam, a criminal posing as a grandchild asks the senior to wire money to get the grandchild out of a jam.

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