Our daily roundup of retirement news your clients may be thinking about.
4 scams that target boomers Families can avoid the vicious scheme of fraudsters who target their parents' nest eggs by knowing how these unscrupulous people work and by tackling the risk with the retirees, according to this article on MarketWatch. The most widespread scheme is the "grandchild" scam, in which the fraudster will pose as a grandchild who is stuck in some unfamiliar place and need financial help. Other scams that prey on retirees include the Medicare discount-drug card fraud, charity email scams, and magazine subscription and sweepstakes pitches. -- MarketWatch
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access