The Western Union Company (NYSE: WU), a leader in global payment services, and Better Business Bureau (BBB) announce efforts to promote awareness of scams that target seniors. June 15th is the United Nations-designated World Elder Abuse Awareness Day.
BBB Scam Stopper was jointly launched by BBB and Western Union as a site to help consumers reduce their chances of becoming a victim of a scam.
One prevalent scam that targets seniors involves prizes, sweepstakes and lotteries. Another is the emergency or grandparent scam, where the scammer pretends a family member is in trouble, and requests that money be sent urgently to help.
BBB Scam Stopper explains the science of scams and how scammers gain their victims’ trust. Visitors can sign up to receive BBB Scam Alerts, weekly emails with the latest scams reported to BBBs across North America. Western Union promotes three basic money transfer “never evers”:
- Never use a money transfer service to send money to someone you have not met in person.
- Never send money for an emergency situation without verifying that it’s a real emergency; ignore the caller’s plea not to tell others; confirm through other friends and family.
- Never send funds received by check until it officially clears in your account, which can take several days, or more.
Information on scams and how to protect yourself is also available at Western Union’s Consumer Protection Center: http://www.westernunion.com/stopfraud.
For more BBB information you can trust, visit bbb.org and “Like” us on Facebook at www.facebook.com/BetterBusinessBureauofUpstateNY