Seniors are more likely to be taken in by money making schemes and games than any other age group. With less experience in the world and often struggling to make ends meet, seniors can be easy targets for scammers.
These fraudulent schemes come in many forms, from fake lotteries to bogus sweepstakes. And while seniors may be more vulnerable, anyone can fall victim to a money making scheme.
The best way to protect yourself is to be aware of the signs of a scam. If something sounds too good to be true, it probably is.
Be suspicious of offers that require you to pay money upfront or that ask for your personal information. And never give in to pressure to make a decision on the spot.
If you’re ever unsure, take some time to research the offer before you commit. By doing your due diligence, you can protect yourself from falling prey to a money making game that’s anything but fun.