Duluth, MN (NNCNOW.com) --- Every year con artists scam senior citizens out of two point five billion dollars.
In light of that fact and as part of Financial Literacy Month, the Minnesota Department of Commerce and Lieutenant Governor Yvonne Prettner Solon are joining forces to combat fraud against the elderly.
They held a senior fraud prevention forum today at Ecumen to teach seniors how to defend themselves and their families from financial schemes.
Prettner Solon says the people the seniors trust the most, such as caregivers, friends and family members, are generally the one's doing the crimes.
She also says seniors need to be skeptical and pay attention.
"The scammers are after them and targeting them. We want them to be alert and aware so that they don't lose their life savings," said Prettner-Solon.
Ten agencies from around Minnesota are holding more than 40 outreach events this month to raise awareness of scams and help people protect their finances.
Written and posted to the web by Raeanna Marnati