Press Release

Washington Post Article on Senior Fraud
Livermore, CA - April 18, 2013

CCCF applauds a Washington Post article published April 18, 2013, alerting readers to the increased danger of senior-targeted fraud in today's economy.

Read The Washington Post: Low-interest-rate environment exposes seniors to fraudsters

According to the Washington Post, the state of a low-interest rate environment has cultivated more opportunities for fraudsters to scam seniors. The successes of such related fraud schemes, founded on the fear seniors have of running out of money, has resulted in fraudsters obtaining money from seniors by selling them false investments with a promised return.

CCCF recently shared further implications and preventive measures for "Senior Financial Safety: Scams to Avoid" at the Oak-Grove Plaza in Oakland on April 18, 2013. This presentation was designed to bring awareness of scams to seniors, and inform them of how to protect themselves from financial fraud and loss.

Additionally, CCCF will present similar presentations at the following upcoming events for anyone interested in learning more:

  • • May 2, 2013 – Keynote speakers at Hayward Area & Resource District's 7th Annual Health & Wellness Resource Fair
  • • May 15, 2013 – Presentation in Conjunction with Congress of California Seniors

Consumer Credit Counseling Foundation
2150 Portola Ave., Ste D-186
Livermore, CA 94551