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Scam Techniques to Avoid

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This article describes various schemes that are aimed at cheating baby boomers approaching retirement, and the elderly.
 
Personal information scams try to harvest data by posing as consultants for things such as medicare paperwork; oil and gas investment frauds promise high profits; and prime bank schemes promise high returns from offshore investments.
 
Also mentioned are affinity fraud, churning (brokers making trades solely to generate commissions), and other schemes to beware of.

State warns retirees of scam techniques

BurlingtonFreePress.com - 3/28/2006 6:01 AM

This article describes various schemes that are aimed at cheating baby boomers approaching retirement, and the elderly.
 
Personal information scams try to harvest data by posing as consultants for things such as medicare paperwork; oil and gas investment frauds promise high profits; and prime bank schemes promise high returns from offshore investments.
 
Also mentioned are affinity fraud, churning (brokers making trades solely to generate commissions), and other schem
 
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