Illinois State Representative Kevin Schmidt continues his advocacy and support for seniors with another Senior Fraud Seminar.
“It’s more important than ever to support our seniors and equip them with the information they need to protect themselves from the increasingly complex fraudsters,” said Schmidt. “I want to thank the Attorney General’s office for working with me to host these seminars that better educate seniors in the 114th district.”
Rep. Schmidt shared the following fraud prevention tips that are important to know:
- Recognizing Suspicious Activities: It’s important to recognize common warning signs of fraud, which often include unexpected contact via phone or email, promises of high returns on investments with no risk, and threats of legal action if immediate payment is not made. Understanding these signs is the first step in protecting oneself.
- Verifying Contacts: It’s crucial to verify the identity of anyone who contacts you requesting personal information. We must verify identities using official channels rather than the contact details provided by the caller or emailer.
- Using Secure Transaction Methods: It’s important to learn safe methods for conducting financial transactions, emphasizing the importance of avoiding untraceable payment methods favored by scammers, such as wire transfers and prepaid debit cards.
- Staying Informed About Scam Tactics: Scammers constantly refine their methods, so staying informed about new scam tactics is vital.
- Reporting Suspicious Activities: Knowing how to report suspected fraud is critical. Immediate reporting can mitigate damage and help prevent others from becoming victims. I strongly encourage all of you to attend this important event. Protecting yourself from fraud is crucial to protecting your resources as well as maintaining your independence and peace of mind. Let’s come together to build a community that is as informed as it is resilient.