Senior swindlers are individuals or groups who target the elderly population with financial scams. They employ various tactics to deceive older adults and exploit them for their money.

Seniors are often targeted for financial scams due to factors such as their potential cognitive decline, social isolation, and trusting nature. These vulnerabilities make them more susceptible to manipulation and deception.

Senior swindlers may use various tactics such as phone scams, email phishing, identity theft, fake investment opportunities, and fraudulent charities. They often create a sense of urgency or exploit the emotions of the elderly to convince them to part with their money.

Seniors can protect themselves from financial scams by being cautious of unsolicited calls or messages, never sharing personal or financial information with strangers, regularly monitoring their bank accounts and credit reports, and seeking advice from trusted family members or financial professionals before making any major financial decisions.

If someone suspects they have been a victim of a financial scam, they should immediately contact their local law enforcement authorities and their bank or financial institution. It is important to report the incident to prevent further harm and to potentially recover any lost funds.