Financial Literacy Portal


Financial Literacy / Seniors

“Beware of Dog” signs are common notifications posted outside of many American homes. Most are aware that these postings alert visitors of a potential risk associated with the property. But how many Americans are familiar with warning signs alerting them of potential financial scams?

Thousands of people are victims of fraud scams every day. The Treasury Department reported that phone calls from fake Internal Revenue Service agents have netted crooks about $47 million dollars in three years. Telephone swindles are the most pervasive scams targeting seniors. Financial education is needed more than ever as citizens engage in a more sophisticated financial marketplace, and confront a highly developed criminal network of financial scammers. Review the resources below. Recognizing warning signs can save you from losing your hard-earned savings and help you avoid falling victim to fraud.


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