1. Medicare Card Scams
Approximately 15 percent of the U.S. population are Medicare beneficiaries, so if you’re one of them too, be aware of the latest Medicare card scam. A senior woman from North Dakota fell victim when a man called saying that she has to replace her paper Medicare ID with a plastic chip.
The chip card usually comes in the size of a credit card containing a microchip that encrypts transactions; however, scammers don’t want to protect your data but rip you off by stealing your identity. So, if a stranger calls to replace your paper ID card with a new chip card, do not believe him/her. It’s a scam!
Interim director of AARP’s Fraud Watch Network, Kathy Stokes, says that the chances of a Medicare employee calling you are slim to none.
2 thoughts on “11 Common Scams Targeting the Elderly”
One very good wasy to get rid of the grandchild call is to ask for his or her middle name. They will immediately hang up.
Another scam is a call telling you your computer has a virus and they can get rid of it for you when indeed they are putting the virus in and charging you big bucks to get rid of it, then later calling you telling you they can’t fix it and is going to return your money. Instead they wind up taking more money.