Telemarketing scams will ensnare anyone who doesn’t watch out for himself, but they go after the elderly far more often than other groups. Many scams involve bogus prize offers, phony travel packages, get-rich-quick investments and fake charities. These people have well-rehearsed
pitches and sound like they are offering legitimate opportunities.
As people who work with a high number of older Americans, senior advisors should know the
signs of a scam and make sure their clients do, too.