TBI: Scam and Fraud DefenseTennessee Tech University, Cookeville, TN 2015
Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.” Financial scams often go unreported or can be difficult to prosecute, so they’re considered a “low-risk” crime. However, they’re devastating to many older adults and can leave them in a very vulnerable position with little time to recoup their losses.
This presentation serves as an introduction for those just becoming aware of the need to defend against this type of crime. When you're done watching, we encourage you to search for reports of senior-targeted fraud and scams online. There are countless stories reported regularly in newspapers across the country. Chances are, your local news source has reported on victims in your area.
Learning about these crimes in advance, the details and warning signs, can help you avoid becoming the next victim. You'll know what to question and how to react when you suddenly find that you're the target.
This is an issue that AARP is also trying to confront. Educate yourself with AARP's Fraud Watch Network.
Special Agent T.J. Battle, Criminal Investigator, Certified Fraud Examiner, Tennessee Bureau of Investigation