Psychology of scams discussed at West Seattle Senior Center
Jean Mathisen with AARP Washington’s “Fraud Fighter Call Center” visited with 20 seniors for lunch and discussion on the West Seattle Senior Center on July 26.
Her expertise is in the psychological techniques used by scammers to convince seniors to participate in their own financial victimization.
A vigorous discussion ensued with Jean’s information and ample examples of fraud attempts from her audience. Here are some highlights:
Why are seniors targeted by scammers?
Based on stereotypes, Mathisen said senior are considered an “easy mark” because they are trusting and may be in mental decline. All of that wouldn’t matter however, except “almost all retired people have some sort of nest egg … and it gives scammers a hope that they may be able to clean out our bank accounts and use it to line our pockets.”
Techniques to protect yourself from fraud
Mathisen suggested shredding all unneeded documents, use a locking mail box, use a P.O. Box, and ideally use the post office when sending mail out.