Falling victim to scams

As Kevin Prince, the founder and CEO of StratoZen, a leading cybersecurity firm, confirmed, “scams, fraud, and identify theft are definitely targeting retirees 35 times more than other age groups.”

And these scammers are actually pretty scary, as they can micro-target individuals, and have sophisticated ways and legitimate sounding personnel that’s ready to drain anytime the bank accounts of unsuspecting retirees.”

If you want to avoid losing money to a scam, the best way to do it is to educate yourself. You can easily sign up for email alerts about recent scams by visiting ftc.gov/scams. And remember, when it comes to this, it’s better to be safe than sorry!