Financial Fraud : Fraud Against Older Americans

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Financial Fraud • “900” Telephone number fraud • Advance-fee loan schemes • Charity fraud • Credit card fraud • Schemes that charge money for services that the Government provides for free • Cute-rate health insurance fraud • Investment fraud (Ponzi Schemes) • Solicitations disguised as invoices • Oil and gas investment fraud • Land fraud Fraud Against Older Americans • Sweepstakes advice for the elderly Sweepstakes and Lottery Fraud • Illegal sweepstakes information • Chain letters • Free-prize scheme • Foreign lotteries by mail • Government look-a-like mail • Free vacation scams Telemarketing Fraud • Rules for telephone solicitations • Characteristics of telemarketing fraud Other Types of Mail Fraud • Home improvement and home repair…show more content…
The process of the mail when it is sent out for delivery, the employee when dropping mail becomes aware of a bad address has to bring it back to their location and then gets processed to be return back to the original sender for a bad address. “Postal Inspectors across the country work hard to protect your mail, but with deliveries to more than 100 million addresses, the Postal Inspection Service can’t do the job alone. Here are some things the Postal Inspection Service recommends you can do to protect your mail from thieves: • Use the letter slots inside your Post Office for your mail, or hand it to a letter carrier. • Pick up your mail promptly after delivery. Don’t leave it in your mailbox overnight. If you’re expecting checks, credit cards, or other negotiable items, ask a trusted friend or neighbor to pick up your mail. • If you don’t receive a check or valuable mail you’ re expecting, contact the issuing agency immediately. • If you change your address, immediately notify your Post Office and anyone with whom you do business with via the mail. • Don’t send cash in the mail. • Tell your Post Office when you’ll be out of town, so they can hold your mail until you return. • Report all suspected mail theft to a Postal Inspector. • Consider starting a neighborhood watch program. By exchanging work and vacation schedules with trusted friends and neighbors, you can watch each other’s
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