Senior Connection

Jan 2, 2012

Investment Schemes

Because many seniors find themselves planning for retirement and managing their savings once they finish working, a number of investment schemes have been targeted at seniors looking to safeguard their cash for their later years.

From pyramid schemes like Bernie Madoff’s (which counted a number of senior citizens among its victims) to fables of a Nigerian prince looking for a partner to claim inheritance money to complex financial products that many economists don’t even understand, investment schemes have long been a successful way to take advantage of older people.

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THE MISSION OF CENTRAL MASSACHUSETTS AGENCY
ON AGING

To Enhance The Quality Of Life For Area Seniors And Their Caregivers, The Central Massachusetts Agency On Aging Will Provide Leadership, Information And Resources, Coordination Of Services And Advocacy.