FBI busts a Manhattan boiler room operation that fleeced elderly Florida residents. That’s good, and I’m glad the FBI is active in this area, but living with my own mother, who is sharp as a tack, I’m amazed at the number of scams sent to people her age, every day.
The worst – or the most recent – was a scam insurance policy sent by the Retired Officers Organization, or some such respected group. It contained lots of alarmist misinformation about the possible loss of her health insurance, a proposal to protect her from all that for fifty dollars a month and it was signed by a nice-looking retired Colonel. What could be better?
Reviewing the proposed policy, I saw that it offered no benefits to people over 80 – which rules out my mom, and really offered diddly-squat to those under 80. Just a pure rip off.
Anyway, Ma didn’t bite, so no harm, no foul, but if you have an older parent, you might want to warn them that they are being targeted by every crook in the world. No need for paranoia, but a skeptical eye kept on the mail and a policy of never, ever agreeing to buy anything over the telephone would probably be wise.