If you have a sign for a home security system in your yard, be wary of this summer scam.

Fraudsters will hire college students to walk through neighborhoods looking for houses with security system signs. The student will tell the homeowner the security company is going out of business, and the student’s “company” is taking over the account.

The homeowner is told she has to buy new equipment and sign a new contract. Only the equipment is fake and the homeowner is paying for a service she isn’t receiving.

If you get this kind of visit, check first with your home security company. Better yet, don’t do business with someone who comes unsolicited to your home.

Be a fraud fighter!  If you can spot a scam, you can stop a scam.

Report scams to local law enforcement. Contact the AARP Fraud Watch Network for more information on fraud prevention.

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