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Financial Fraud and Scams

Each year, millions of elderly Americans fall victim to some type of financial fraud or confidence scheme, including romance, lottery, and sweepstakes scams, to name a few. Criminals will gain their targets’ trust and may communicate with them directly via computer, phone, and the mail or indirectly through the TV and radio.

UCOA Policy Position

Utahns will be prepared to recognize and avoid financial fraud and have access to educational materials and resources to protect themselves and identify, prevent, and report financial fraud and scams.

Resources

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Utah Division of Consumer Protection

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Utah Division of Securities

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AARP Fraud Watch Network

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FINRA

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CFPB

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Department of Justice

 

Research and Education

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Safeguards

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Safe in 60

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NCOA

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National Council on Aging

Last Updated: 11/1/21