March is Fraud Prevention month. One of the resources that is available through Alberta Council on Aging is our Recognizing Fraud program. In 2013 Alberta Council on Aging partnered with Enactus-SAIT to create this program. Recognizing Fraud is an ongoing program under our Financial Literacy for Seniors, and is one of the many programs we have available for presentations and community outreach. In honour of Fraud Prevention  month we will be sharing some of the information we have!

 

 

Fraud is a false representation of the facts intended to deceive another for personal or monetary gain. Fraud is a very common occurrence and can happen to anyone. Seniors are high targets of fraud because scammers create stereotypes about them such as:  all seniors are extremely trusting or have excess retirement funds.

Even though it is impossible to be warned about every type of fraud that exists, there are some basic things that can be done to protect yourself, your money, and your identity. All of these are good habits to get into. By thinking ahead, building good habits, and being aware, you can greatly reduce your risk of becoming a victim of fraud.

And remember, if it seems too good to be true, it probably is!

 

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