KAPAA — AARP Hawaii, Financial Industry Regulatory Authority Investor Education Foundation and other partners are presenting a “Scam Jam” to inform the public on ways to protect themselves from scam artists.
The event will take place 9:30 a.m. to noon Thursday in the Paddle Room of the Courtyard Marriott Kauai at Coconut Beach. The seminar is free and open to the public.
“Education and vigilance are the top weapons to fight scammers,” said Barbara Kim Stanton, the AARP Hawaii state director. “These fraud education events can empower you to protect yourself and your family from fraud and scams. You have the power to stop fraud before it happens.”
Surveys show one in 10 Americans are victimized by just by phone scams. Online scammers and financial con artists steal from millions more. Estimated losses nationwide are about $16 billion.
The prime targets of scammers are kupuna. While younger people are more likely to fall victim to scammers, people 60 and older, when they are taken, lose the most money and are less able to recover from their loss.
Susan Arthur, of the FINRA is the featured speaker. Other partners include the Better Business Bureau of Hawaii and the Hawaii Department of Commerce and Consumer Affairs Office of the Securities Commissioner.
People who come to the Scam Jams will learn about the psychology of money, the top scams that con artists use in Hawaii and how to protect yourself from becoming a victim.