Boomers Facing Identity Theft

The Boston Globe reports that baby boomers have become prime targets for thieves, including caregivers and internet scammers, because of their considerable savings and clean credit histories.  People age 50 and older are less likely to monitor their accounts, are often lured by sweepstakes letters with the promise of prizes, or are taken advantage of by those hired to provide care.

Experts suggest shredding credit card offers and other mail that contains sensitive data, regularly checking bank accounts/credit history records for suspicious activity, and ignoring emails or phone calls from banks and other institutions requesting passwords, social security number, and other key information.   Click here to read the full article.

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