National Consumer Protection Week
National Consumer Protection Week starts on February 28th and is an initiative by the Federal Trade Commission “to help people understand their consumer rights and make well-informed decisions about money.” Unfortunately, older adults are a common target of financial fraud, scams, and abuse. There are many different types of scams, ranging from email/phishing scams to pyramid schemes. Here are a few general tips to help protect yourself.
Do not reveal personal information to strangers or unsolicited callers. This includes refraining from posting your COVID-19 vaccine card on social media, as it contains your name and date of birth.
Remove yourself from mailing/call lists by signing up for the National Do Not Call Registry.
Monitor your bank and credit card statements to make sure they match your purchase history.
Take time to do your research before making a purchase or financial decision. Many scammers will pressure you to act quickly.
Stay engaged. Social isolation is a risk factor for elder abuse. Seabury has plenty of activities to keep you connected.
There are many resources for those who have been affected by fraud. AARP has a free helpline at 877-908-3360 if you suspect a scam. are worried that you or someone you love has been targeted by a scammer, report it to the Federal Trade Commission and find local resources via the government-sponsored Eldercare Locator.