On average, older adults lose more money to fraud but are the least likely age group to report that loss. Education and resources are key to keeping older Americans in our community safe from financial exploitation and scams.
- Never send Gift Cards as a form of payment
- The IRS will never call you asking for money
- If it sounds too good to be true, it probably is!
- Ask questions
If you feel you have fallen victim to fraud or if you are being financially exploited, reach out for help. Stop by one of our branches and speak with a Village Banker or visit our website’s Security Center for valuable information including the resources provided below.
- Attorney General’s Elder Hotline (888)243-5337 or www.mass.gov/ago/elders
- Executive Office of Elder Affairs 800-243-4636 or www.mass.gov/elders
- AARP Fraud Watch Network Helpline 877-908-3360 or www.aarp.org/money/scams-fraud/about-fraud-watch-network/
- National Elder Fraud Hotline at 1-833-372-8311