You don’t have to read stories about people like Alan Stanford and Bernie Madoff or The Wolf of Wall Street to learn about scams and abuses in the financial services industry. In fact, fraud and abuse often hits much closer to home, and the growing senior population all over the world gets more likely to be taken advantage of with every passing year.

Over $3 billion is reported as lost to scammers, fraud, and financial abuse each year, but the actual number is likely much, much higher.

Today, in the third part of a three-part series, Brie and I talk through the 10 most common financial scams taking advantage of people over the age of 65. However, people all over the world well under retirement age often fall victim to these scams as well, which include medical fraud, credit fraud, and identity theft. If you want to stay protected, today’s episode is a must-listen.

 

Get Today's Show Notes

To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/5

 

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Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com