Mother's Day: Protecting Mom From Scams

May 11, 2012 12:00 AM
Mother's Day: Protecting Mom From Scams
" BOSTON (CBS) – Protecting mom from a scam may not be as easy you think.

According to an article in the AARP Bulletin, and I quote, “Folks over age 65 make up only an eighth of the U.S. population but as many as a third of all scam victims. There are three common explanations for this disproportionate vulnerability: memory loss, loneliness and a supposedly more trusting nature.”

The article went on to discuss the natural aging process that causes subtle shifts in mind and mind-set in people.

We discussed CRS earlier in the week and it truly does happen. The brain begins to shrink, information processing also slows down and some people do begin to have a problem with their reasoning ability and decision-making skills.

Now think about the scammer who knows this about the elderly "

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