It is unbelievable that there are people in this world who deliberately target older adults as easy prey for their scams. There are many facets of why the elderly are more prone to phone scams.
Older people make almost twice the number of purchases via phone than any other demographic. This purchasing behavior makes them especially vulnerable to scammers. Elderly people are more likely to live alone. They often do not have a trusted source to ask if they have questions about a potential scam.
Some of the most common scams on the elderly include:
How can you help protect older relatives and friends?