Pensioners are more likely to be targeted by fraudsters and con artists, the FSA warns.
A study conducted by the regulator suggests 35% of people targeted by share fraudsters in the last year were over 65. The warning comes as the FSA unveiled plans to help protect older people from financial scams, by teaming up with Age Concern and Help the Aged. The FSA survey also found 23% of people aged over 65 felt they could fall victim to fraud in 2009, but nearly half do not know how to protect themselves. Additionally, around 40% were unaware fraudsters could use personal details in passports, driving licenses and mortgage applications to steal their identity. "Fraudsters, l...
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