By the California Department of Aging –
Scams are frequently in the news and might make you think, “I wouldn’t fall for that!” But scammers are becoming more sophisticated and using technology to make their scams more believable. Accurate information may be the best protection against fraud. Knowing the schemes that frequently target older adults can help you avoid them. You can empower yourself by watching out for the following scams, which are among the most prevalent today.
Ten Most Common Scams
- Grandparent Scams: Scammers pretend to be a grandchild (or loved one) in trouble and ask for money quickly.
- Government Imposter Scams: Scammers pose as IRS, Medicare, or Social Security representatives demanding payments or personal information.
- Tech Support Scams: Calls or pop-ups claim your computer has a virus and request remote access or payment for fake repairs.
- Romance Scams: Scammers build online relationships and then ask for money, often for emergencies or travel.
- Charity Scams: Fraudsters pose as charities, especially after disasters, and pressure for donations.
- Lottery and Sweepstakes Scams: You are told you’ve won a prize but must pay fees or taxes to claim it.
- Investment Scams: If someone promises big profits with no risk, it’s likely a scam.
- Home Repair Scams: Fake contractors demand upfront payments and disappear without completing work.
- Phishing Scams: Fraudulent emails or texts impersonating banks or companies to steal your personal information.
- Utility Scams: Callers claim your utilities will be shut off unless an immediate payment is made.
Protect Yourself from Scams and Fraud
The best advice, experts say, is to be constantly on your guard. “You can never be sure who is on the other end of that phone call or email,” says Katie Carruesco, targeted outreach specialist with the California Department of Financial Protection and Innovation. The agency’s services include workshops and one-on-one consultations tailored to older adults. “These scammers are professional actors who sound legitimate, authoritative, and threatening,” Carruesco says. “They do not see people, only dollar signs.” Thieves prey on older adults because they often own more assets and may have fewer digital skills than younger people, a combination making them attractive targets for fraudsters, experts say. Some older Californians may also be more isolated. The result can be heartbreaking because of what’s at stake: retirement plans, life savings, and emotional and physical distress.
– Don’t send money to someone you don’t know or have never met in person.
– Don’t click on links in text messages or emails.
– Always do your research! Verify information and only use official sources.
– Talk to someone you trust — they can help identify red flags that you’ve missed.
Report Scams
If you think you’ve been scammed, don’t be afraid to report it. Contact DFPI immediately by calling 1-866-275-2677 or going online at dfpi.ca.gov.
For more articles and resources on fraud prevention, visit the Aging in California Resource Hub online at aging.ca.gov
