Senior fraud is a billion dollar business, and being scammed can happen to anybody -- especially those who grew up in a more trusting time. Here are some warning signs that may help prevent a senior you know, whether a friend or relative, from being scammed:
-- Unnecessary or shoddy home repair: Seniors are losing their homes because they don't understand the loan documents they sign or they agree to exorbitant interest rates for work they might not even need. Worse, they sometimes are coerced into agreeing to more work mid-job. If you see repair work going on, inquire.
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