ABC-7 Listens 08.21.16

explains in abc-7 listens. the headline definitely caught my eye. it was an email from the better business bureau and the headline reads … “younger generations more likel to get scammed than elderly!” get this … it say that contrary to popular belief millennials are actually more at risk for being scammed because they tend to be risk-takers and are less likely to research companies. in fact according to the better business bureau’s study 89% of seniors recognized scams in time. so, let’s see if we can get that number up to 100% for everyone and every age group. here are the top 5 myths about scams: 1. scammers are easy to spot. 2. this is someone else’s problem. 7 out of 10 the victims are under 45 years old and 8 out of 10 hold college degrees. 3. scams have little economic impact the annual losses estimated at 50 billion! 4. i can’t protect myself you can stay informed. 5. no point in reporting scam not only does it help but i’m going to tell you how in just a minute. so, what scams should you look out for? here are the top 5: 1. tax scam we’ve talked about that before. watch out for those phony calls from the i-r-s. 2. debt collection scam you owe money and are being sued. 3. sweepstakes/prizes/gif t scams you won a prize … yeah right! 4. tech support scam: you have a computer problem but we’re from tech support and we can help. 5. government grant scam so, don’t assume you aren’t at risk. and help others out by reporting the scams. you can do so by going clicking on the better business bureau’s scamtracker. we have a link under links mentioned at k-v-i-a dot com. rick cabrera. abc-7 listens.