It’s a shame that we live in a society where it is OK to scam the elderly out of the hard-earned money that they get or have saved at the end of their lives, but to do it by scaring them about their health is unconscionable.
Scam artists have been calling the elderly “representing” medical alert bracelet companies and taking advantage of senior citizens. The representatives have been calling and saying that a bracelet had been purchased for the senior citizen as a gift and all they had to do to activate it is to give the representative their credit card number. The gaol of the scam is to get the seniors to give important information such as credit card numbers, social security numbers and bank account numbers. They play on the fears of the seniors and work it to their advantage.
In March the Federal Trade Commission took action against a Brooklyn company that was allegedly coercing elderly consumers into paying up to $1,600 a month for a medical alert service. That company has been shut down, but authorities said that others are using similar tactics.
The FTC and Better Business Bureau said that legitimate companies will not call unsolicited and request personal information. If you feel that this has happened to you or another type of scam has been tried, contact the FTC or Better Business Bureau to file a compliant.