Scams Can Victimize Elderly Americans; Groups and Regulators Increase Efforts to Educate Senior Citizens About Perils of Securities or Lottery Fraud

Telegraph - Herald (Dubuque) › July 30, 2006

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Summary

The man who telephoned Henrietta Tolhurst several months ago claimed he had great news for her - she had won the $22,000 second prize in a national magazine contest.

The caller said he and his company would pay the taxes, so all Tolhurst had to do was cover $6,800 in lawyer fees.

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Extract

Scams Can Victimize Elderly Americans; Groups and Regulators Increase Efforts to Educate Senior Citizens About Perils of Securities or Lottery Fraud

Tolhurst, an 89-year-old widow who lives in Santa Monica, Calif., says "they sounded so authentic, and it got me thinking about all the good things I was going to do with the money."

So she we...

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