May 15 is Senior Fraud Awareness Day.
Designated by the U.S. Senate, the purpose of Senior Fraud Awareness Day is to raise awareness about the increasing number of fraudulent schemes targeted at older people of the U.S., to encourage the implementation of policies to prevent these scams from happening, and to improve protections from these scams for seniors.
An important component of this is financial fraud, which can range from identity theft to investment schemes. “Peace of Mind Protection” is of the utmost importance to Hawaii State FCU, Hawaii’s largest credit union lender.
Jennifer Russo, Financial Educator at Hawaii State FCU, joined us this morning with some tips and warning signs to prevent financial fraud from happening. For more information, view www.HawaiiStateFCU.com and www.eldercare.gov.