Home IRS Scams Protecting the elderly from new scams

Protecting the elderly from new scams

KNOXVILLE, Tenn. (WVLT) – As new scams are formed each day, the most vulnerable are sometimes the elderly.

Senior citizens are robbed out of billions of dollars each year by fraudsters. The money they lose can have a big impact on their retirement, and it’s harder for them to recoup the money they lost.

Financial professional, John Vandergriff, from Blue Ridge Wealth Planners said there are things people can do to help the older people in their life steer clear from scams.

“The main thing we need to look at is, we can educate them. If something seems fishy to us it may not seem fishy to the older generation,” Vandergriff said. “If they get any kind of random email or phone calls from a number they don’t know typically that’s going to be an imposter scam.”

A few of the most popular scams will come through the phone or through email. Vandergriff said the IRS will never ask for personal information over the phone, and the Social Security…

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