Avoid Scams
Last year, seniors lost $3 Billion to scammers. And the cost goes beyond the money. They feel violated while losing confidence in themselves and trust in others. Unfortunately, it is getting worse. It is hard to bring the con artists to justice, so they will keep on doing it.
In this new series, we will give you the tools needed to stop scammers BEFORE they empty your wallet. Start with the introductory video and come back once a week as we add a new case study every 7 days. Each case study will have a real life sample with tips on helping you avoid the same scam.
Being aware of the different scams will help you better recognize when it happens to you and prepare you in advance to beat these criminals! Be sure to subscribe to The Happy Retirement Guy youtube channel.
Introductory video
This video will give you a good foundation to fight back against the scammers. It will also help you recognize the tricks they use as you watch the case studies that follow. You will learn:
How big is the problem?
Why target seniors?
4 pillars of a scam
How does a small time con artist launch a $100 Million ponzi scheme?
In this video, you learn about affinity fraud and why it is so dangerous. Then I'll share with you 4 specific things you can do to spot this kind of scam before losing your money.
