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Springhill Group: Older People More Vulnerable to Fraud


Federal Trade Commission: Up to 80 percent of scam victims are over 65. Despite long experience with the ways of the world, older people are especially vulnerable to fraud.

Crooks find older people more susceptive from fraud. Their age acts as if a built-in detector for the scammers. The reason may lie in the brain region called the anterior insula. The anterior insula is less active in older people as a result making them less cautious than younger people.

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  • Felix Jarden

    Good for your mom that she consulted you first, not all elderly would do the same. That is maybe the exact reason why she didn’t fell for it because she is still in good health.

  • elynwilliam

    Of coarse they’d do it to the elderly, I mean they are an easy prey and we know scammers prey on weak targets. That is why I agree with you we should not let them live alone. That is just not right, they cannot protect themselves, and they cannot even take care of themselves anymore. Let us give them the love they have given us.

  • isabelamber01

    This is exactly why we shouldn’t let elderly to live alone, and sometimes they don’t just rob them they even kill the poor grannies and grandpas. These crooks are heartless.

  • aikajacel

    This is not from me, but I just wanted to share so that we can protect the elderly.

    Top 10 Scams Targeting Seniors
    1. Health Care/Medicare/Health Insurance Fraud

    2. Counterfeit Prescription Drugs

    3. Funeral & Cemetery Scams

    4. Fraudulent Anti-Aging Products

    5. Telemarketing

    6. Internet Fraud

    7. Investment Schemes

    8. Homeowner/Reverse Mortgage Scams

    9. Sweepstakes & Lottery Scams

    10. The Grandparent Scam

  • shenaetheroux

    New research suggests age-related changes in the brain make it harder to
    detect suspicious body language and other warning signs that people may be
    untrustworthy. This is why they are more prone to become a victim of scams and