A recent study conducted by the AARP concluded that many seniors in the city have been the victims of scams targeting the elderly. NY1’s Susan Jhun filed the following NY1 For You report.
A sweepstakes with a million dollar prize caught Wendy D'Lugin's eye.
“My interest was perked, but then I started to read and I started to think,” she said.
D'Lugin didn't take the bait, but according to a recent study conducted by the American Association of Retired Persons, many seniors in the city have fallen prey to scams targeting the elderly.
The report found roughly one-third of all those fifty-plus surveyed in the city had been targeted or victimized by scam artists.
“This is an age group with limited income that may just jump at an opportunity to win a million dollars by wiring somebody a hundred,” said David Irwin of AARP.
The report found the scams vary from borough to borough, with scammers cashing in on credit card, mortgage, investment and sweepstakes scams, among others. Even more disturbing, the study found that 37 percent of victims aged 65 and older did not report the scams.
AARP encourages family and friends to take notice of scams that may be targeting their loved ones.
“When they notice they're over for a Sunday dinner and they're getting calls and they've got sweepstakes mail on the dining room table,” Irwin said. “Have these conversations, the same conversations your parents had with you when you were young about if something looks too good to be true, it most likely is. Now we're encouraging adult children to have those conversations with their parents in their older years.”
For tips on how to avoid scams aimed at the elderly, go to aarp.org/newyork.