Pushy, fast-talking scammers love to target senior citizens because seniors are sometimes vulnerable and give in. By giving in, we mean giving a stranger vital, personal information over the phone that can then be used to drained precious savings accounts.
"The Federal Trade Commission posted an excellent video about a woman who was badgered into giving her information over the phone to someone posing as a Medicare representative," said CSLEA Foundation Chairman Kenny Ehrman. "Watch the video, share it with your elderly parents and friends, and remember, government and consumer groups do not ask for your personal information over the phone. Hang up. If they call back again, hang up again. Thank you FTC for spreading the word."