Scams & Fraud

Every two seconds in the US, someone's identity is stolen, resulting in tens of billions of dollars landing in the pockets of con artists and other unsavory criminals. AARP South Dakota is warning our members to be extra vigilant as tax season comes to a close. South Dakotans filed more than 3,200 consumer complaints of fraud and identity theft last year, 33% of which were employment or tax-related.

A surge in television, radio and internet ads from law firms and lawsuit marketing companies is causing some patients to take serious risks. While “opt-in” notices are required for law firms bringing class action complaints, the rhetoric of these ads have frightened some patients into stopping critical life-saving medications without consulting a healthcare practitioner.

Scammers are now going to the Social Security Administration website and setting up “my Social Security” accounts for workers that are of retirement age in an attempt to steal their retirement benefits. People age 62 and older face the highest risk from this scam!

Lately, it seems that you can’t go one day without hearing about the tremendous gains (and losses) of Bitcoin and other popular “virtual currencies.” While high returns make them intriguing as an investment, the U.S. Commodity Futures Trading Commission (CFTC) wants you to be aware of the possible risks associated with investing or speculating in virtual currencies.

As we enter tax-filing season, it pays to be aware of the signs that point to possible tax identity theft.

Massive data breaches, a major Medicare card scam, new forms of phishing: there were lots of big scam stories from this past year, but also, hope for some scam victims. Take a look back with us:

December is a critical month for charities to raise money. In fact, nearly one third of annual giving occurs in December. Scammers are well aware of this and are out in full force looking to line their own pockets as the year draws to an end. South Dakota Attorney General, Marty Jackley "encourages South Dakotans to continue to give to those less fortunate, but to follow these precautions to ensure [the] donation is going to the cause for which it is intended."

As we enter the holiday season, it pays to be vigilant to avoid scams or slip-ups that could put a damper on your celebrations. Here are some ways to keep your holidays happy.

An 84-year-old widow called the AARP Fraud Watch Network after accepting a free trial offer for a skin cream she had seen a famous personality touting on television. She had no idea she needed to cancel after receiving the free trial. She was sent more product at a cost of $200 and is now fighting to return the product and get her money back.

As we honor those who have served our country this Veterans Day, know that some scammers go to great lengths to target their money, their benefits, and their commitment to current and former soldiers.