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How Seniors Can Protect Themselves Against Fraud

How Seniors Can Protect Themselves Against Fraud

NC – By adopting basic, but effective habits, seniors can keep the fraudsters at bay.

Why are they such a target?

Many have generous natures, are at home more often, some may be isolated, and there are those that may be less technology-savvy than they’d like to be.

For protection, here’s a little guidance:

Follow the news to become more aware of schemes and scams. Never give money at the door, and post a ‘no solicitation’ sign near your entrance. Get call display and don’t answer unfamiliar numbers. Friends and family will leave a message. If you do speak with someone on the phone, don’t be afraid to ask numerous questions or, if suspicious, just hang up.

“Better to be safe than sorry,” explains Cairine Wilson, a vice-president with the Chartered Professional Accountants of Canada, who oversees the organization’s financial literacy efforts. “Seniors must keep their guard up.”

Whether on a phone or computer, seniors should never share personal details, like SINs, credit card or bank details, passwords, PINs and so on. And don’t be afraid to ask for help, adds Wilson.

The Canadian Anti-Fraud Centre has a special support program for seniors. Call 1-888-495-8501 or visit www.antifraudcentre.ca for details.

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