Sponsor Robert Siciliano as he runs the Boston Marathon for Miles for Miracles, Children's Hospital Boston
ROBERT SICILIANO, CEO of www.IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds.

FREE EBOOK

Check here if you're human

Sponsors

Advisory Boards

Woman Scammed of 400K

0
Pin It

Police are warning elderly and those who have elderly parents that not all scams are done online. Some are executed using good ole’ snail mail and the telephone.

An “80-year-old woman received a letter in the mail claiming she had been awarded a large amount of money, but was required to pay fees and complete paperwork before the money would be released. According to police, the woman, without the knowledge of her children, started sending money. She started receiving notices indicating she would be awarded more money, and the scam went on for about a year. She sent about $400,000, police said.”

Scams like these are extremely easy and very lucrative for criminals. Elderly or those in your life that may be considered naïve are often the target because of their gullible nature. But other times it’s the time and culture they were raised in. There are numerous ways in which criminals pull at the heart strings of their victims to get them to open their bank accounts. Often it’s the same people who are targeted over and over again.

The most effective way to prevent these crimes from happening to all those concerned is to get better control over the release of funds from any of their financial accounts. Meaning if they have a big bank account set it up so two signatures are required for a check to be written. If the person is concerned they don’t want to be inconvenienced with every check they write then set up two accounts. One with a little money and one account with more funds effectively locked down.

Robert Siciliano personal and home security specialist to Home Security Source discussing ADT Pulse on Fox News.

About the Author
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.

Similar Posts

  • Shipping Scams Go After Small Business
    A colleague with a small business was cleaning out his warehouse of tools and supplies and decided to list many items on Craigslist. I have lots of experience in this process and I can tell you “It’s always something”. An application called “CraigsPro” allows you to go through your items snapping pictures and creates a simple
  • Elderly Scams Heating Up
    Unfortunately the media is reporting lots and lots of scams directed towards the elder population. We’ve discussed these scams at length in these posts, and we are going to again today. As long as there are victims, we need to be reminded of how to protect those who need protecting. Real time – real life examples
  • Online Payment Alternatives to PayPal
    I’m a little more than a casual online shopper, so I make lots of electronic payments. I prefer to avoid stores, so I buy almost everything aside from food via the Internet. I frequently use eBay. I’m also something of an airline mileage fanatic, so I prefer to pay with a credit card that earns
  • Telemarketing Scams Target the Elderly
    We hear it over and over how the elderly are often targeted by scammers. Elderly are simply “elders” and no smarter or dumber than anyone else. If anything, they are wiser. However, as we age we often get feeble, weaker in the mind. That slightly weaker state of mind is when the scammer strikes. You
  • New Identity Theft Virus Steals from Online Banking
    Robert Siciliano Identity Theft Expert A new kind of Trojan horse infiltrates your online bank account, and not only steals your log-in information, but also siphons funds directly out of your account. The virus is known as URLZone, is controlled by servers in the Ukraine, and it determines how much money to steal from a victim’s account

Leave a Comment

You must be logged in to post a comment.

Xtreme School

Featured in

Anderson Cooper Robert Siciliano Featured in
Browse by Month

Browse by Category