By Tim Kowols
Scammers continue to negatively affect the financial well-being of senior citizens. The National Council of Aging says seniors are being targeted because it is thought they have a significant amount of money in their accounts and it is considered to be a low-risk crime for scammers. Gay Pustaver from Money Management Counselors says senior citizens need to keep in mind that a scam can happen at any time to anyone.
The Consumer Financial Protection has released a booklet outlining some of the practices you and your loved ones should implement to protect yourself from potential scammers. You can listen to the entire Money Management Monday with Gay Pustaver online with this story.
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