The unfortunate truth is that there are scammers out there, looking to victimize people and take their hard-earned money. Just recently, New York’s Attorney general of the united states, Eric T. Schneiderman, released a list of the 5 most usual scams targeting seniors.

According to Shneiderman’s workplace, senior scams cost as much as $2.9 billion in 2011, and it’s likely that this is a number seen most years. Summertime is an especially active season for scammers, so you’ve to be on your toes. If you’re a senior, or if you’re carefully associated with a senior, keep an eye out for these 5 scams:

Grandparent Scam: Someone quickly calls the senior, claiming to be a grandchild. The individual on the other end my say, “It’s me” or perhaps, “It’s your favorite grandchild!” Declaring to be in problem, and pleading the senior not to inform his/her moms and dads, the caller requests for money to be wired. Social media site websites can supply relative names and details about journeys to make the rip-off more believable.

Jury Duty Scam: A call comes in claiming to be from a court, and stating that there’s an arrest warrant out since you failed to appear for jury duty. Use a wire transfer or an Eco-friendly Dot Money Card to pay supposed cost for failing to appear, and the “warrant” vanishes.

Lottery Scam: If you wire cash to cover taxes and costs, you’ll get a huge cash prize won in a foreign lotto.

IRS Scam: Claims that you owe past taxes, and your advantages will be garnished. If you do not pay (making use of wire transfer or Green Dot card), you could even lose your Social Security and Medicare advantages.

Utility Scam: The scammer asserts to be from the energy company and says you’ve an unpaid costs that you’ve to pay quickly.

It’s vital to be on the alert. Official government agencies make use of general delivery for main notices, so do not believe callers – especially because it’s possible to “spoof” the caller ID to make it appear authorities.