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Reverse Mortgage Blog

Money Smarts for Older Adults

March 31, 2020

Money Smart for Older Adults is designed to provide you with information and tips to help prevent common frauds,
scams and other types of elder financial exploitation in your community. This 98 page booklet of information is provided by Bureau Consumer Protection Financial . (BCPF). IF you would like a free copy of this booklet please email: azreversemortgageteam@wvmb.com and we will send you a copy by email or call Andrew Wallace 602.826.7340/Bill Krone 602.790.4309 for your free copy of Money Smart for Older Adults

TABLE OF CONTENTS:

Checking In...................................................................................4
Getting Started............................................................................5
Common Types of Elder Financial Exploitation........................11
Investment Fraud.........................................................................17
Avoiding Telephone and Internet Scams...................................25
ACTIVITY 1: Telephone Scams...............................................31
Phantom Debt Collection Scam..................................................33
ACTIVITY 2: Phantom/Scam Debt Collection........................36
Avoiding Charity Scams..............................................................37
Computer/Internet Scams...........................................................43
Identity Theft................................................................................49
Medical Identity Theft.................................................................55
ACTIVITY 3: Identity Theft Self-Check...................................60
Planning For Unexpected Life Events........................................63
ACTIVITY 4: How Financially Prepared Are You?.................69
Scams that Target Homeowners................................................71
Scams that Target Veterans........................................................79
Post-Test.......................................................................................85
What Do You Know? – Money Smart for Older Adults........88
Evaluation Form......................................................................89
Glossary.......................................................................................91
For Further Information...............................................................94
Report Financial Exploitation......................................................98

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Wallick & Volk, Inc.
Our blog provides information and education for homeowners and professionals We encourage comments, questions responses to our blog articles.
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Our blog provides information and education for homeowners and professionals We encourage comments, questions responses to our blog articles.
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