December 1, 2016
The holidays are the time of year when most people are focused on family and friends. It’s also the time of year when criminals are zeroing in on our wallets and bank accounts. While technology has made life easier for most of us, it’s also made life easier for thieves who are looking to steal our identities – and our cash.
In the video above, Doug Shadel, of the AARP Fraud Watch Network, tells Dr. Phil that there are three key reasons the holidays are the best time of year for online scammers looking to rip people off.
“One is, people are distracted, and cons love distracting you; but you’re already distracted, because of the holidays.” He continues, “Another is, we’re emotional, and when you’re in a heightened emotional state, you make worse financial decisions.”
Technology is the third reason people are more vulnerable to online scams, says Shadel. “People are not aware of all the ways in which technology can create impostors and you just can’t tell who you’re talking to.”
Watch the full video for more information and specific tips on how to avoid becoming the victim of online fraud or identify theft this holiday season.