Gov. McMaster signs bill into law protecting seniors, vulnerable adults from scammers – Florence, South Carolina

Florence, South Carolina 2021-07-29 06:28:58 –

South Carolina Holly County (WBTW) – South Carolina Governor Henry McMaster has signed a bill that protects older people and vulnerable adults from financial exploitation. This happens after state authorities have seen patterns of fraud targeting vulnerable adults over the past year.

The new bill empowers financial institutions such as banks, credit unions and other financial services companies to suspend or reject potentially suspicious transactions. Authorities said the bill was important because it is more common for older people to be scammed.

Holly County police officials said they saw fraudsters masquerading as bail bondsman from a law firm. During this scam, they went to the victim’s house and demanded that they hand over a check for thousands of dollars. Police said they had seen more of these cases in the last six months.

“Create that sense of urgency and use it against the victim in the hope that the victim wants to help. They notice and contact their relatives, what with a little Jimmy or something By the time it’s happening, the money is already gone, “said Sergeant Van Sissel.

If these transactions are suspected of fraud, they will be reported to the Social Welfare Department, law enforcement agencies, and the securities department of the Attorney General’s office.

They said scammers generally utilize older people. Other common scams occurring in the county include “family emergency scams.”

Fraudsters may impersonate relatives, friends, or lawyers representing family members to call or send messages prompting them to send money immediately. They will say they need help in emergencies such as getting out of jail, being involved in a car accident, paying hospital bills, paying legal costs, or having to leave a foreign country.

They also tend to use tricks to impersonate your loved ones and impersonate their grandchildren who are suffering to send money to their grandparents and play with your emotions. This scam is known as the “grandparents scam.”

The scammers also ask you to get a gift card from a big box store. They will ask you to put a certain amount into it and call back the scammer with the number on the back of the card.

“Scammers get these numbers from their laptops from anywhere in the world, access these numbers and gift cards and run out of money, and they run out of money,” says Sissell.

According to police, when you get a call, resist the urge to act immediately, no matter how dramatic the story, and call the phone numbers of your family and trusted friends. Also, confirm your identity by asking questions that strangers may not be able to answer. You can also report fraud to the Federal Trade Commission, local law enforcement agencies, or the state attorney general.

Gov. McMaster signs bill into law protecting seniors, vulnerable adults from scammers Source link Gov. McMaster signs bill into law protecting seniors, vulnerable adults from scammers

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