Why Seniors Are Targeted

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Another big reason baby boomer seniors are such easy targets is that in their youth they were educated to believe that they knew everything, and anyone over 30 must be ignored, if not eliminated. They have never outgrown that attitude and still refuse to accept advice or counseling. It's tragic, but even though the media -- radio, TV, internet, magazines, newspapers etc etc -- are full of warnings and descriptions of all the criminal scams preying on seniors, too many of the aging baby boomers refuse to believe they're scams. They still think the warnings are just coming from ignorant people who can't recognize a good deal when they see it.

realsenior of OR 6:21PM April 15, 2008

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The Collar

Luke Mullins is an associate editor at U.S. News, covering banking, real estate, and white-collar crime. He came to the magazine from the American Banker, a financial services daily newspaper, after a stint in the Peace Corps in West Africa and 18 months coaching baseball in the Dominican Republic. Mullins earned a master's degree in journalism from Syracuse University in 2005 and now lives in Washington, D.C., where he grew up. He has written about white-collar criminals for the American magazine, and his work was included in 20 Something Essays by 20 Something Writers: The Best New Voices of 2006, a Random House anthology that appeared on the Boston Globe's bestseller list.

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