How to protect yourself from scams
December 20, 2012
Tens of billions of dollars are lost each year to consumer fraud and when the economy is down, fraud goes up.¬† These last years have been boom times for scammers.¬† While research shows that many of us are susceptible to swindles, older people are particularly vulnerable. A new study found that changes in our brain as we age make detecting a con more difficult.¬† This hour, we‚Äôre looking at scams, the tactics that con artists are using, and how to protect ourselves from them.¬† Marty talks with DOUG SHADEL, the senior state director of Washington State‚Äôs AARP and the author of ‚ÄúOutsmarting the Scam Artists: How to Protect Yourself from the Most Clever Cons,‚ÄĚ and SHELLEY TAYLOR, a social neuroscientist at UCLA and senior author on the new study looking at brain changes in the elderly and their perception of trust.
AP Photo/Elaine Thompson