Each year, millions of people – especially older adults – fall victim to scams.
Worse still, scammers are getting more creative, persuasive, and emotionally manipulative. And while protecting your money is essential, your digital assets – online accounts, personal data, and digital identity – deserve just as much attention.
Below are some of the most common scams, practical tips for staying safe, and steps to help you manage your digital presence now and for the future.
6 Common Scams to Watch Out For
- “Relative in Trouble” Scam
This emotionally charged scam targets your love and concern for family. You receive a call from someone claiming to be a grandchild, niece, or other relative. They say they’re in jail, in an accident, or stranded somewhere – and urgently need money. Some scammers now use AI to mimic real voices. What to do: Hang up and call the person directly or contact someone who can verify their location. Never send money based on a voice alone.
- IRS and Government Impersonation Scams
You receive a phone call from someone claiming to represent the IRS, Social Security, or another government agency. They may threaten you with arrest, fines, or lawsuits to push you into paying or handing over personal information. Remember: The IRS and government agencies will never demand payment by phone. Legitimate communication is almost always sent by mail.
- Tech Support Scams
A pop-up appears on your screen, or you receive a call saying your device is infected with a virus. They direct you to call a number or download software – which gives them access to your computer, personal data, or finances. Important: Companies like Microsoft, Apple, or Google do not contact customers for support unless you initiate the request.
- Phishing Emails and Texts
These messages often mimic legitimate sources like banks or online services. They ask you to click a link or open an attachment to “verify” your information. Red flags:
- Urgent or threatening tone
- Misspelled words or awkward grammar
- Suspicious links or unexpected attachments
Tip: When in doubt, don’t click. Instead, call the company using a verified number.
- Home Repair Scams
Someone knocks on your door offering a “great deal” on home repairs – like roofing or driveway work. They claim they’re already in the neighborhood and ask for a deposit upfront. Then they vanish. Tip: Always get multiple quotes, verify licenses and reviews, and never pay in full before work is completed.
- Investment Scams
You’re approached (often online or via email) with a “can’t-miss opportunity” promising high returns with little or no risk. These are classic signs of a scam. Rule of thumb: If it sounds too good to be true, it is.
How to Stay Safe from Scams
Here are five easy ways to protect yourself or your loved ones:
- Pause before acting. Scammers count on your panicking.
- Verify the story. Call the person or company directly.
- Don’t click unknown links. Even if the message looks real.
- Don’t share personal info with unexpected callers or emails.
- Talk to someone. A second opinion can make all the difference.
Managing Your Digital Assets
In today’s world, your digital life – from email and banking to social media and subscriptions – is part of your legacy.
For older adults especially, managing digital assets can feel overwhelming. But it’s essential for your security now and for your loved ones later.
What Are Digital Assets?
Digital assets include:
- Online banking and investment accounts
- Email and cloud storage
- Social media accounts
- Passwords and logins
- Digital photos, documents, or subscriptions
How to Manage Them:
- Make a list of all your digital accounts and usernames.
- Securely store passwords, either using a password manager or in a locked physical location.
- Provide clear written instructions for each account – including what should happen to them after you pass.
- Designate a trusted person to handle your digital estate. This could be part of your will or estate plan.
- Specify your wishes for each platform – for example, whether you want your Facebook profile memorialized or deleted.
Final Thought
Scammers will constantly evolve, but so will we. By staying informed and developing strong digital habits, you protect not only your finances but also your identity and legacy. And by planning, you give your loved ones peace of mind when they need it most.
Share this article with a friend or family member – especially someone who might not be aware of these risks. A simple conversation could prevent a devastating scam or protect someone’s digital future.
If you or someone you care about needs additional support to help cope, The Option Group is here to help. Don’t hesitate to contact our professional care management team for assistance.
About The Option Group: Founded in 2011, The Option Group’s compassionate team of experienced Certified Life Care Managers provides services for families, their loved ones, medical professionals, and professional family advisors in Maryland, DC, Southern Pennsylvania, and Delaware. The firm understands the challenges of caring for individuals who need assistance throughout their lifespan due to aging, dementia, disability, or serious illness. Our skilled providers, with diverse backgrounds and deep expertise, help families navigate the healthcare maze and access hundreds of resources. The Option Group helps families spend quality time with their loved ones, providing Clear Choices that lead to Better Care. For more information, visit www.theoptiongroup.net or call 410-667-0266 (MD), 717-287-9900, 610-885-8899, or 215-896-6756 (PA), or 302-858-6449 (DE).
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