June will be Scams Awareness Month. Older people are often targeted by scammers. Research has found that 75 is the average age of reported scam victims and those over 70 have the highest detriment from a number of different scams. Older people tend to fall victim most to phone and mail scams and figures from National Trading Standards show that older people are deliberately targeted more than other demographics. This group also sees the largest proportion of people who are recurring victims of scams.
Anyone can fall victim to a scam, but older people can be at greater risk because scammers tend to target people who:
- Live alone
- Are at home during the day
- Have savings or valuables
- Are more likely to talk to them.
Older people often fit the bill. Some older people might be suffering from dementia, which could affect their decision-making process or they might also feel lonely, which might make them more likely to talk to people.