Tips to avoid scams that target senior citizens - WTVM.com-Columbus, GA News Weather & Sports

Tips to avoid scams that target senior citizens

Posted: Updated:
If you or someone you know is a victim of fraud, report it by calling the Alabama Securities Commission at 1-800-222-1253. If you or someone you know is a victim of fraud, report it by calling the Alabama Securities Commission at 1-800-222-1253.
  • NEWSMore>>

  • St. Francis Hospital brings Easter cheer to children in need

    St. Francis Hospital brings Easter cheer to children in need

    Saturday, April 19 2014 5:41 AM EDT2014-04-19 09:41:01 GMT
    St. Francis Hospital got into the Easter weekend spirit on Friday, April 18. This marks the seventeenth year the Mission Awareness volunteers are giving out super-sized Easter baskets to children in need.More >>
    St. Francis Hospital got into the Easter weekend spirit on Friday, April 18. This marks the seventeenth year the Mission Awareness volunteers are giving out super-sized Easter baskets to children in need.More >>
  • Phenix City priest explains history of Good Friday

    Phenix City priest explains history of Good Friday

    Saturday, April 19 2014 5:29 AM EDT2014-04-19 09:29:09 GMT
    With only two days shy of the Easter Sunday, many Christians are spending their Good Friday to properly prepare for the holiday. But what's good in Good Friday? According to the Bible, it's the day when
    More >>
    With only two days shy of the Easter Sunday, many Christians are spending their Good Friday to properly prepare for the holiday. But what's good in Good Friday? According to the Bible, it's the day when Jesus Christ was crucified.    More >>
  • Sledgehammer Brigade welcomes back 497th Movement Control Team from Afghanistan

    Sledgehammer Brigade welcomes back 497th Movement Control Team from Afghanistan

    Saturday, April 19 2014 5:27 AM EDT2014-04-19 09:27:08 GMT
    After a nine month deployment in Afghanistan, a group of soldiers from Fort Benning have returned home. The Sledgehammer Brigade welcomed back soldiers this afternoon of the 497th Movement Control TeamMore >>
    After a nine month deployment in Afghanistan, a group of soldiers from Fort Benning have returned home. The Sledgehammer Brigade welcomed back soldiers this afternoon of the 497th Movement Control TeamMore >>
BIRMINGHAM, AL (WBRC) -

During the holidays, the number of elder fraud claims in Alabama spikes.

In an effort to protect potential fraud victims, a town hall meeting was held in Mountain Brook where about 50 people had the chance to hear about scams that target senior citizens.

Joseph Borg, Director of the Alabama Securities Commission, provided the group with information about services available.

"Senior citizens have equity in their house, money in the bank and that makes them targets...prime targets," he said.

Representative Paul Demarco says lawmakers are working to address a growing problem.

"Alabama is in the top 15 when it comes to ID theft according to the Federal Trade Commission. The issue needs to be addressed. We need to help seniors and keep them from being victims," he said.

The town hall meeting also offered these tips for senior citizens:

Beware of strangers

-You do not have to stay on the phone with a stranger or allow a stranger into your home.

Investigate investment opportunities

-Do your research before investing with a company.

Be in charge of your money

-Don't put your money in something you don't understand.

Report fraud or abuse

-If you feel that you are a victim, don't be embarrassed, report what happened to the Alabama Securities Commission at 1-800-222-1253.

Copyright 2012 WBRC. All rights reserved.

 

Powered by WorldNow

1909 Wynnton Road
Columbus, Ga. 31906

FCC Public File
publicfile@wtvm.com
706-494-5400
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WTVM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.