10/6/2014 – 4 scams that target boomers (MarketWatch)

If Willie Sutton were alive today, he would probably skip banks and head straight for older Americans and their retirement savings. Because for scammers, “That’s where the money is.”

While there is some question whether Sutton, a prominent bank robber in the mid-20th century, actually said those infamous words, there’s little doubt that households approaching, and already in, retirement control much of the wealth in the U.S. As such, they and their nest eggs increasingly are targets of financial fraud.

Read the full article at MarketWatch.