Financial Fitness with Alan Akina - Protecting Against Fraud

22 Aug 2011 · 2 min

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1:47

This content was created by Alan Akina. This content was uploaded by Alan Akina. This is a YouTube video segment titled "Financial Fitness with Alan Akina - Protecting Against Fraud" (Wake Up Today) dated 2011-08-22. The excerpt is a short news/financial-fitness PSA with multiple speakers (SPEAKER A, B and C). SPEAKER C identifies himself as Alan Akina and recounts a telemarketing fraud incident affecting his grandmother in Wahiawa, Hawaii, then offers tips to protect seniors (don’t give personal/bank/SS numbers over the phone, consult Hawaii BBB and AARP, register on the National Do Not Call List, and visit khontv.com for resources).

They're some of the easiest targets when it comes to financial fraud.
We're talking about the elderly, our kupuna. Alan Akina has some tips in this morning's Financial Fitness.
Good morning, everyone. I have a very important message and tip for you today. You see, my beautiful Grandma Akina, who lives in Wahiawa, was recently a victim of telemarketing fraud. This kind of stuff is becoming more of an issue today with our senior citizens, and it's time to stop. According to the FBI, the most common frauds that target our senior citizens are healthcare and health insurance, counterfeit prescription drugs, funeral and cemetery, anti-aging products, telemarketing, internet investment schemes, and reverse mortgages. Now here's a couple suggestions that you can use to help avoid these scams. First, folks, never ever give out your personal information any bank account or Social Security numbers over the phone. Second, before making a purchase online or over the phone, go to Hawaii Better Business Bureau's website at hawaii.bbb.org. You can also go to aarp.com to learn more about how to avoid these scams. And lastly, I suggest that you put yourself on the National Do Not Call List by registering your phone number with them. Now you can call them at 1-888-382-1222 or visit their website at donotcall.gov. Now you can copy down all these phone numbers and websites on the Wake Up Today webpage at khontv.com. And remember, scam artists are always coming up with new ways to take our money, so be cautious everyone. For Wake Up Today, I'm Alan Akina. See you next time.