• Don’t answer your phone if you don’t know the number calling you.

• Don’t click on any links in a text message or email if you don’t know the sender, or the message is being sent out of the blue.  Use caution even if you do know the sender.

• Don’t provide personal information over the phone, via text, or email.

• Be cautious of anyone at your door attempting to sell you something.  You may be putting your health and financial wellness at risk.

• Don’t pay in advance for stimulus money, information about aid programs or investments in the latest miracle cure – it doesn’t exist.

• Be cautious of any investment tied to the threat of COVID-19.

• Don’t use gift cards for payment.   Anyone who demands payment by gift card is running a scam.

• Stop immediately and alert officials if a person is threatening blackmail.

• Beware of investment opportunities not tied to the stock market such as gold, silver, coins, and other commodities.

• Be cautious of investment scams touting guaranteed returns which can be used to pay for rent, food, or other expenses.

• Research any investment recommendations that encourage you to liquidate investments.  Another financial product with higher returns may incur higher fees or additional risk.

IowaFraudFighters.gov is a resource to learn about recent scams being seen in Iowa that currently include investment, technology, lottery, IRS, and romance scams, to name a few.  Remember if someone is playing to your emotions, or trying to get you to navigate off your financial course, talk to someone you trust before acting on those emotions.  Double-check before you invest to make sure the product and the person selling it are properly licensed and understand what you are purchasing.  Always remember if it sounds too good to be true it is!

Acknowledge the older Americans in your life during May by reaching out and checking in during this challenging time, and ensure all older Americans know the Fraud Fighter basics.

###