Scam of the day – May 1, 2012 – FTC study on identity theft

From time to time, the Federal Trade Commission (FTC) focuses its attention on particular areas of identity theft and they have just announced that they will be studying identity theft that targets senior citizens.  Any senior citizen who has been a victim of identity theft or who wishes to comment can send their comments to the FTC at http://www.ftc.gov/os/publiccomments.shtm.  You should title your comments as “Senior Identity Theft PO65411.”  Your comments will be included in public records so it is important not to include any personal information that could actually be used to make you a victim of identity theft.

TIPS

Senior citizens should be particularly wary of identity theft schemes involving abuse of Durable Powers of Attorney and financial abuse by family members or advisers such as accountants, lawyers and financial planners.