Scammers often target older people who are lonely NECN [Video]

Post author By Curator
Post date November 21, 2024

The holidays are a time to gather with friends and family, but it can also be isolating — especially for some older adults. That can make them prime targets for scammers.

For older adults who may not have regular contact with family or friends, a call or message from a stranger can feel like a lifeline. But often, it’s just a setup for fraud.

“It’s majorly concerning, because so many of the scams really target people trying to get close to them becoming their friend. And then that is the entry point for asking for loans, asking for money,” said Sandy Markwood, CEO of USAging.

Seniors turn to the internet for social interaction and companionship, making them more vulnerable to fraud. Scammers can pose as a long-lost friend, a government official, or a romantic partner — exploiting them for personal information and their money.

“There are just all of these scams …

Watch/Read More

Tags Business Funding, Business Loans, Funding, Working Capital

Most Popular Posts Today

Small Business Funding

New Year's Resolution Bootstrap a Startup with a Paycheck and 1Mby1M [Video]

Post author By Curator
Post date November 21, 2024

We are in 2025. Hundreds of thousands of tech businesses have already been built successfully. Let's learn from those who have come before us. Girish Navani started eClinicalWorks, a healthcare IT venture by bootstrapping with a paycheck. Girish scaled to over $500M in revenue. Since 2006, I have spent thousands of hours interviewing successful entrepreneurs. Listening. Asking questions. Understanding. Extrapolating. Learning about their mistakes. Capturing their lessons from the trenches. I encapsulated their anecdotal knowledge into Methodology. I have been running One Million by One Million (1Mby1M) since 2010. Our unwavering mission has been to democratize entrepreneurship education, incubation and acceleration. What is Core Startup Methodology? Bootstrapping. Positioning. Market Sizing. Customer Validation. Customer Acquisition. Financing. Team Building. We have to learn Domain Specific nuances. We call them Electives. Artificial Intelligence. Machine