New Senior Financial Fraud Hotline

Senior citizens are frequently targeted as victims of financial fraud.  So to help curb this worrisome trend, the Colorado Department of Regulatory Agencies’ Division of Securities has recently established a new hotline that seniors and/or their relatives or caregivers can use to report fraud and scams directed at the elderly.  The number for the hotline is 720-593-6720.

Several state agencies have set up websites that can help seniors — and anyone — who has been victimized by fraud, or to help educate the public on how to avoid becoming a victim.  If you are a senior or caregiver be sure to check out the following state websites and publications:

• Ask DORA, a consumer protection website from the Department of Regulatory Agencies.  Be sure to check out their Senior$afe page.
• Stop Fraud Colorado, a consumer protection website from the Colorado Attorney General’s Office.  Includes topics of interest to seniors including mail fraud, Medicaid fraud, common scams, investment fraud, and more.
• Quick Guide for Seniors and Caregivers, from the State Publications Library
• Seniors and Consumer Fraud, from the Colorado State University’s Family and Youth Institute
• Senior Security:  Avoiding Scams and Frauds in Colorado, a 2001 videocassette available for checkout from our library.  A follow-up video, Master of the Transaction:  Senior Security II, is also available.
• Respecting Our Elders:  A Statewide Action Plan to Combat Senior Fraud, from the Colorado Attorney General’s Office