Financial Fraud Fraud Against Older Americans - 1080 Words

Financial Fraud †¢ â€Å"900† Telephone number fraud †¢ Advance-fee loan schemes †¢ Charity fraud †¢ Credit card fraud †¢ Schemes that charge money for services that the Government provides for free †¢ Cute-rate health insurance fraud †¢ Investment fraud (Ponzi Schemes) †¢ Solicitations disguised as invoices †¢ Oil and gas investment fraud †¢ Land fraud Fraud Against Older Americans †¢ Sweepstakes advice for the elderly Sweepstakes and Lottery Fraud †¢ Illegal sweepstakes information †¢ Chain letters †¢ Free-prize scheme †¢ Foreign lotteries by mail †¢ Government look-a-like mail †¢ Free vacation scams Telemarketing Fraud †¢ Rules for telephone solicitations †¢ Characteristics of telemarketing fraud Other Types of Mail Fraud †¢ Home improvement and home repair†¦show more content†¦The process of the mail when it is sent out for delivery, the employee when dropping mail becomes aware of a bad address has to bring it back to their location and then gets processed to be return back to the original sender for a bad address. â€Å"Postal Inspectors across the country work hard to protect your mail, but with deliveries to more than 100 million addresses, the Postal Inspection Service can’t do the job alone. Here are some things the Postal Inspection Service recommends you can do to protect your mail from thieves: †¢ Use the letter slots inside your Post Office for your mail, or hand it to a letter carrier. †¢ Pick up your mail promptly after delivery. Don’t leave it in your mailbox overnight. If you’re expecting checks, credit cards, or other negotiable items, ask a trusted friend or neighbor to pick up your mail. †¢ If you don’t receive a check or valuable mail you’ re expecting, contact the issuing agency immediately. †¢ If you change your address, immediately notify your Post Office and anyone with whom you do business with via the mail. †¢ Don’t send cash in the mail. †¢ Tell your Post Office when you’ll be out of town, so they can hold your mail until you return. †¢ Report all suspected mail theft to a Postal Inspector. †¢ Consider starting a neighborhood watch program. By exchanging work and vacation schedules with trusted friends and neighbors, you can watch each other’sShow MoreRelatedIntroduction . There Are Several Different Types Of Crimes1620 Words   |  7 Pagescrimes committed against the elderly. A person is usually defined as elderly when he or she turns sixty-five or retires. The elderly population makes up a significant part of the United States population. Also, the population is expanding as the baby boomer generation began to retire. The baby boomer generation has raised some concern, because it is suspected that the baby boomer generation will be wealthier than in the past. This could lead to an increase in crimes committed against the elderlyRead MoreThe Role Of Financial Elder Abuse Has Become An Epidemic845 Words   |  4 Pages Financial elder abuse has become an epidemic because it is a crime that lives in the shadows, and as long as it remains there, the l ist of victims is sure to grow. 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No matter if a person has senior citizens inRead MoreBernard Lawrence Madoff s Life1407 Words   |  6 PagesLawrence â€Å"Bernie† Madoff, American fraudster and a former stockbroker, investment advisor, and financier, born on April 29, 1938. His birth place in Queens, New York. His Birth name â€Å"Bernard Lawrence Madoff.† He was raised in a Jewish family with two siblings. His Mom Sylvia was a daughter of Romanian and Austrian immigrants and a housewife. His parents Ralph and Sylvia Madoff. His father Ralph, a child of Polish immigrants. And worked as a plumber for many years. In 1932, his parents got marriedRead MoreIdentification Theft And Identity Theft947 Words   |  4 Pagesto help put an end to this crime which is affecting millions of innocent Americans. Until then there are three important ways individual must protect themselves against identity theft, customers should understand how identity thieves work, guard their personal information, and learn how t o fight back. 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Also the candidate can be a citizen of the Northern Mariana Islands (Fbiagentedu.org).Read MoreIncreasing Bank Frauds and Cyber Crimes2367 Words   |  10 PagesINTRODUCTION According to Edwin Sutherland s definition, white-collar crime refers to a relatively uniform behaviour involving actions undertaken by individuals to contribute to the financial success of the organization. They violate the law for the firm. Yet the definition is loose. An offence would be called a white-collar crime insofar as it represents violation of a legal rule constructed to govern business affairs or occupational practice and insofar as the law violation took place as partRead MoreSocial Problems With Age And Inequality1993 Words   |  8 Pagesis one that has stuck out to me the most. Many people tend to not think about Age and Inequality as an issue when it comes to older people. Yet, the truth is, this is a major social problem in our society. There is not straight cut answer to what this discrimination and abuse looks like, because it takes on so many different forms. Older People are often discriminated against in the work place, in their families and at their own car e facilities. The damages, emotionally and physically, are more oftenRead MoreThe Ford, Firestone, And The Financial Corporations On Wall Street1706 Words   |  7 Pagesthe behaviors of corporations, such as Ford, Firestone, and the financial institutions on Wall Street, could or should be understood as crime whether or not they have been prosecuted? How do these activities differ from those involved in â€Å"typical† street crimes? I believe that the behaviors of the Ford, Firestone, and the financial corporations on Wall Street were considered criminal behaviors. There was sufficient evidence against these corporations. Apparently, the prosecutors could not proveRead MoreMadoff s The Great Ponzi Scheme1242 Words   |  5 Pagesattorney Denny Chin that give a mere glimpse into the horrible impact that Bernie Madoff has had on 21st century American society. Madoff cheated investors worldwide in the biggest Ponzi scheme in American history stealing over sixty five billion dollars from his clients .His enormous ponzi scheme was essentially evil genius and because of this incredible con Madoff has become the face of fraud in the 21st century and someone who exemplifies the dark side of wall street. This is shown through the incredible