It seems that each day there are shocking news stories about everyday citizens experiencing fraud in one way or another. The elderly, unfortunately, are especially vulnerable to predators.
Donna Moses, lead member victim advocate in Suncoast Credit Union’s Risk Management Department for nearly 40 years, said, “Technology makes it easier for scammers to commit fraud through channels such as text messages and emails. You have to remain on alert. If it sounds too good to be true, it likely is.”
Moses added, “Elderly people are often trusting, so they can be easy to convince. Since they have nest eggs, and access to credit to obtain funds, scammers are more likely to target them.”
Moses suggested that there are three things you should…