Presentation on theme: "Presented by Detective Scott Sluder Winston-Salem Police Department"— Presentation transcript:
1 Presented by Detective Scott Sluder Winston-Salem Police Department Fraud and the ElderlyPresented byDetective Scott SluderWinston-Salem Police Department
2 Why Me?Fraudsters target senior citizens because….. Generally good credit Trusting people They hope faltering memory combined with confident and convincing conversation will lead to a “payday”
3 Common Methods Unexpected Offers Telephone – Grandparent, Phony “Official”Letters – Sweepstakes, Secret Shoppers – Bank, Credit Card, LotteryIn Person – Pigeon Drop, Repairs, Utilities
4 Theft of personal items Common MethodsTheft of personal itemsSensitive documents – work, home, carPurse / wallet – SS Card, ID Cards, checkbooksMail- checks, credit offersTrash
5 Prevention Monitor account statements Report suspicious activity – bank, creditors, policeCheck credit report annuallyProtect your SS Number – Don’t carry it !!!!Protect your PIN numbersTake bills to the Post Office – or pay onlineConsider a Durable Power of Attorney
6 SHRED, SHRED, SHRED Use a cross cut shredder to destroy… Tax forms Paper checksBank statements and credit card statementsOld credit cards, ID cardsAnything with account numbers or social security numbersAnything with a signature on it
7 ResourcesNC Attorney General Office –(919)Federal Trade Commission -(877) ID Theft(877)
8 Guiding PrinciplesKNOW to whom you are sending money & information – ask questionsBanks, lenders, credit card companies WILL NOT notify you to CONFIRM your personal information!!!!
9 Guiding Principles If you initiate contact – OK If “THEY” initiate contact – “NOT OK”
10 Tried and True RuleIf it sounds too good to be true…………IT IS!