I’ve Been Scammed Twice: Here’s How You Can Avoid That

What can you count on besides death and taxes? That older adults will get scammed, even savvy ones like me. Here are scams to watch for and how to get help.

An older woman looks concerned as she talks on the phone.
(Image credit: Getty Images)

We know the old stereotypical troupes about older adults. Leave those behind, and let’s look at how they have become the prime target for scammers looking to steal identities and money, what the scams are and how you can protect yourself.

Hey, I have become a scam victim — twice. I have been in the financial field for over 50 years. I have been around the block once or twice. But the concept of losing all my work made my brain freeze with fear. The hair on the back of my neck bristled.

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Neale Godfrey, Financial Literacy Expert
President & CEO, Children's Financial Network Inc.

Neale Godfrey is a New York Times #1 best-selling author of 27 books, which empower families (and their kids and grandkids) to take charge of their financial lives. Godfrey started her journey with The Chase Manhattan Bank, joining as one of the first female executives, and later became president of The First Women's Bank and founder of The First Children's Bank. Neale pioneered the topic of "kids and money," which took off after her 13 appearances on "The Oprah Winfrey Show." www.nealegodfrey.com