'She Hooked Me': How an Online Scam Cost a Senior Citizen His Life's Savings

[Ocelot II]

5. Exactly the sort of target the scammers look for.

Not necessarily a person with dementia, but someone who is lonely, not very sophisticated about money and investments but who has saved up enough of a nest egg to be worth scamming, probably not tech-savvy either, and who doesn't have anyone close who can advise them. I can't imagine being sucked into a scheme like that - not that I'm especially clever, but I'm such a cynical old cow that I don't trust anybody. But scams targeting seniors are everywhere, and we should all be very, very careful.