Are you an older adult with savings? Do you own a house or any other assets? Then, keep an eye out for scammers that aim to take advantage of your money. Older adults are vulnerable to financial fraud because they frequently have money and other assets. Investment fraud occurs when someone attempts to trick you into investing money. It is possible that they will want you to invest in real estate, bonds, notes, commodities, stocks, or even currencies. You might be deceived by a scammer or given false information regarding an actual investment. Or they may invent a fictitious investment offer. The consequences of investment fraud can be long-term and devastating.
To learn more about common schemes and how to protect yourself, read here