July 11, 2006
Millions of American consumers fall victim to fraud and scams each year. Look beneath the numbers and it's clear that older Americans make up a large part of victims. The National Crime Prevention Council says fraudulent telemarketers direct anywhere from 56 to 80 percent of their calls at older Americans.
As part of National Fraud Awareness Week, the group is urging consumers to be alert to consumer fraud aimed at older citizens. In many cases, people have been victimized in their own homes and even lost their life savings. Senior citizens are a rapidly increasing segment of the population, which makes them a prime target for con artists and thieves.
Many legitimate companies and charities solicit consumers by phone and consider it an effective way to raise money or increase company business. However, others are up to no good. The Council says seniors can prevent telemarketing fraud by being shrewd and savvy with telemarketers and keeping these tips in mind:
• Offers too good to be true usually are. Ask to receive the unbelievable deal or the amazing prize offer in writing so you can read it carefully before making a commitment.
• Never give out your personal information over the phone or Internet unless you have initiated the contact. Legitimate business callers will not ask you for this information over the phone.
• If a caller asks you to pay for an offer in advance or asks for your credit card number or Social Security number, tell the person you don't give out personal information over the telephone.
• Remember that legitimate telemarketers won't be turned off if you use these techniques. They will appreciate dealing with an educated consumer.
