Date: Mon, 20 Jul 1998
From: Geo. Robbins <[log in to unmask]>
We had a great program at our last Parkinson's Disease support group
meeting. Lt. Steve Cooper, a member of the Miami County Sheriff's
Department, discussed the various types of "Fraud or Scams' and ten
steps you can take to thwart the swindler. Some facts on Fraud
* Older people comprise 11 % percent of the population but con-
stitute 30% percent of the consuner
Protect yourself -- don't give your credit card number to an unsolicited
telemarker, and check out any deal before parting with your hard-earned
money. Asked the following the question:
* Where did you get my name?
* Can you send me written materials to back up your claims?
* Explain all the risks involved in this investment.
* Would you be willing to explain your proposal to attorney,
accountant, or banker?
* What goverment agency supervises your activity?
* How long has your company been in business?
* How much of my money will go for fees and commissions?
* Where will by money be held, exactly?
* What type of written statements do you provide, and how often
will I receive them?
* What are your firm's principals? Can you provide references
for them?
This was just a part of his presentation. We thought this might be
of interest for a program.
Geo. Robbins
Support Group, Troy, Oh.
