Indiana secretary of state connie lawson is on tour helping hoosiers with money management skills and protecting investors from scams. today she hosted a moneywise bingo so she could combine learning with fun.
Fox 55's melea vansotrand has the story.
30 percent of investment fraud victims are over the age of 60, and the problem is on the rise.
"it's been prevalent for a while but americans lose 40 billion dollars a year to investment scams and seniors are a great deal of those victims."to help raise awareness secretary lawson is hosting bingo games around the state to give seniors tips"we made an interactive, educational bingo game called moneywise bingo.
We'll be giving them tips on things they might see or things they could do to prevent themselves from being a victim."seniors are vulnerable because they are trusting, polite, lonely and some are interested in finding good deals.
But secretary lawson says there are signs to look out for.
"if someone comes to you unsolicited, if you haven't asked for the information if you haven't asked for the phone call or knock on the door or email you should recognize that's its likely a scam.
"how do you protect yourself?
"call our office.
Make sure the person they are working with is licensed and the product the person is selling is registered."in fort wayne, melea vanostrand, fox 55 news.