BBB Expands Awareness of Senior Fraud Through New Videos

The BBB is expanding its education program with video reenactments to help seniors identify and avoid scams.

According to the BBB in a release, frauds targeting senior citizens continue to be a growing concern as millions have fallen victim to scammers. Scam artists are trying harder than ever to trick seniors into giving them money, and they are succeeding.

The BBB says in providing programs and materials that educate seniors about ways to recognize and avoid some of the most common scams, it also empowers them. “Education is a person’s best defense against scammers,” stated BBB President and CEO Jim Hegarty. “It’s extremely important that family members keep the lines of communication open with parents and grandparents so you can identify suspicious spending habits and help elder family members recognize the red flags associated with: Grandparent Scams, Foreign Lottery Scams, Medical and Medicare-Related Scams, Financial Frauds and Deceptive Door-to-Door Sales.”

BBB has started producing a series of video reenactments exposing the most common scams targeting seniors. “Rather than just telling people about a scam, we are showing how the con is perpetrated. You can hear and see a ‘real’ scam going down and the consequences for the victim,” said Hegarty. “BBB decided that the first scam portrayal would be about Foreign Lotteries. Over $100 million dollars are lost annually by people who are made to believe they have won a sweepstakes from another country.” The video also provides alerts and tips to help viewers recognize this scam and hopefully prevent consumers from becoming victimized.

You can view this video on BBB’s Facebook page here:

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