Monday, August 10, 2015

FEDERAL TRADE COMMISSION: Scam Prevention; "Pass It On"

The Federal Trade Commission (FTC) is promoting a campaign to encourage all of us to pass knowledge about scam prevention to friends, family and neighbors.

All of us, as consumers, are targets of scams. An emphasis for the FTC, however, is toward older adults who often suffer more severe financial consequences and who may not have a way to recover from their losses.

Called “Pass It On,” the FTC provides materials that you can use to inform your social network about scams such as Identity Theft, Imposter Scams, Charity Fraud, Health Care Scams and “You’ve Won” Scams. According to Carolyn Shanoff, associate director, FTC’s Division of Consumer and Business Education, “Older people not only have a lot of experience and expertise to share, but they’re also trusted and respected sources of information within their social networks. Pass It On is based on the concept that older people are part of the solution to the problem, not just the victims of scammers.”

Note: Many efforts for consumer education on scams, fraud and cyber security focus on senior citizens. AARP’s Fraud Watch Network is a prime example of this strategy. While senior citizens might be considered a vulnerable, other vulnerable populations can include recent immigrants who are not familiar with U.S. customs and laws.

The FTC’s “Pass It On” strategy follows a long Neighborhood Watch tradition of informing your neighbor about criminal threats and prevention techniques. Take some time to review the FTC materials and discuss them with your friends, family and neighbors. You might save them from becoming victimized by a fraudster.

Federal Trade Commission:

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