From the article “BBB warns against five scams targeting senior citizens”, BBB (Better Business Bureau) points out the five main business frauds, which includes “lottery scams”, “Medicare scams”, “bereavement scams”, “deceptive professionals”, and “investment and work-at-home opportunities”, used by scammers to deceive elders in our society. Each of these activities takes advantage of senior citizens whom lack experiences on managing finances. Elders are easily fooled by scammers who would send lottery winning letters claiming for cheques to cover administration fees, or who would pretend to be workers from Medicare and ask for credit card information. Other than that, scammers also pick on widow or widower and ask them to pay for the “debts” of their recently passed away spouses. Senior victims are also tricked by people who pretend to be professionals in certain areas and charges inflate prices for providing services, or people who offer false opportunities for making money. Many people in nowadays’ society are being deceptive in their business practices. They are morally irresponsible as they cause unwarranted harm to people especially seniors..
http://www.grandrapidsmn.com/special_sections/article_ce62577a-c0e2-11df-96d9-001cc4c03286.html