Financial Fraud

One in five seniors has been the victim of financial fraud. Con artists use a variety of ways to get the hard-earned savings of seniors. Recognizing these scams is not always easy. But if you are aware of the warning signs, you may avoid becoming a victim. Read more about the warning signs of financial fraud.

By clicking on the questions below, you will learn more about fraud schemes that target seniors and find additional warning signs and preventative steps.

If you or a senior you know has been a fraud victim, please contact your local law enforcement agency and/or the Los Angeles County Elder Abuse Hotline at (877) 4-R-SENIORS ((877) 477-3646).

• There have been purchases on my credit card that I did not make. Is this a sign of identity theft?

• A relative needs money to get out of jail. How can this be a scam?

• How can I tell if a health treatment or weight-loss solution is real?

• I received a call telling me I have won a prize. Should I be suspicious?

• A person from a charity called seeking donations. How do you check if a charity is legitimate?

• An investment opportunity I received sounds too good to be true. How can I check if the person is legitimate?

• How can I tell if an auto repair shop is trying to bilk me?

• What are the problems with living trusts?

• I was in an auto collision. How can I tell if it was a scam?

• My new boyfriend/girlfriend needs money. Should I be suspicious? 

• A salesperson came to my door and said my house needs significant repairs. How do I know the person is legitimate?

• A company has urged me to take out a second mortgage or transfer property to get out of debt. What are the risks?

• How do I recognize a questionable car deal?

• I am interested in using Craigslist or another Internet sales website. Are there any dangers?