According to Steven Baker, director of the Federal Trade Commission's Midwest Region, a few years ago his agency conducted a random telephone survey and discovered that only 8.2% of victims reported complaints. "In other words, 90% don't. And we know that from our own cases that we only have a couple of hundred complaints and it turns out there are thousands [of victims]. If I didn't do this for a living, I'd never believe how much fraud is out there."
It's important to know as much as you can about your financial situation to avoid becoming a victim. On Thursday, Kiplinger is coordinating a toll-free nationwide call-in service for people seeking advice. Financial advisers, health care providers, and adult protective services professionals will be on hand to answer your financial, medical and financial abuse questions. It's a good opportunity for you to learn what you can do to protect not only yourself and your family members.
When: Thursday, November 10, 9 a.m to 6 p.m. (ET)
General Financial Questions: (888) 227-1776
Medical Questions: (888) 303-0430
Financial Abuse Questions: (888) 303-3297