NC Warns Older Adults To Be Wary Of Holiday Scams

This time of year tends to bring a surge in charitable giving, which also means a flood of scams that take advantage of people's good intentions.

Researchers at North Carolina State University and Attorney General Roy Cooper say older adults should be especially wary because they are among the scammers' favorite targets.

Professor Karen Bullock and some of her colleagues have compiled a tip sheet to help older people avoid consumer fraud. She says reports of such scams typically go up during the holidays.

The attorney general's office recently produced a guide to avoid common scams. Cooper says older North Carolinians have been tricked out of roughly $650,000 this year in so-called grandparents scams, where a caller impersonates a grandchild in need of money.

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  • by Wharf Rat Location: OIB on Dec 18, 2011 at 04:32 AM
    Don`t forget the biggest scam of all will be coming soon, tax time!

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