Tag - financial fraud

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Three Generations of My Family Fell For Financial Fraud

Three Generations of My Family Fell For Financial Fraud

These days it’s unlikely you’ll be pickpocketed in the city square by singing and dancing orphans (think “Oliver Twist”). It’s more likely you’ll be mugged without even leaving your home. Financial fraud can happen anywhere, anytime, to anyone…and you aren’t even compensated for your loss with a jaunty dance number.  I have a few infuriating experiences of financial fraud to share that have been committed against three generations of my family this past year. Kids, seniors, and people with disabilities especially, are ripe for the picking. These shameless thieves don’t discriminate. Hopefully by sharing what happened to us, (along with some helpful tips from TD!) you’ll avoid the sting of scams like these…. and the new ones cropping up every day. Gen Z—Tweens and Teens My teen is uber tech savvy. Without him I wouldn’t know which remote to use to turn on the TV. But, this doesn’t mean he’s immune to fraud. In fact, he was duped into forking over money (ahem, MY money) for an app. He thought he was paying a one-time-only fee. It turns out the payment was charged to my credit card automatically every month. When I finally noticed and figured out what the charge[…]

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