SENIORS-BE CAREFUL OF SCAMS!

Seniors, or adult kids of seniors, please be aware of some nasty scams going on. DougCO’s sheriff Department has just put out this information on recent scams.

1. Reverse Home Mortgages Scams-Boy, this one is scary because it can tap into all the equity a senior has in their home. As a Realtor, I know this may be an excellent tool for seniors to receive monthly payments using a loan based on their equity in their home, so it can add to their monthly income. But, scams are out there. Be careful signing anything regarding your home.

2. Fake Emails from Social Security Administration Scams

3. Impersonating a grandchild in Trouble Scams

4. Home Repair Scams

5. Prepaid Funeral Scams

6. Medicare Fraud Scams

7. Investment Scams-such as Ponzi,  investment seminars, or high yield investments or annuities.

If you’d like a copy of the entire article from Douglas County, just email me and I’ll forward it on to you. This is important stuff if you are a senior, or the adult kid (like me) of a senior.

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