AARP Fraud Watch   
      
      
   Coin Seller Calling? Hang Up!   
      
   Dear Ben,   
      
   As the value of gold rises, gold coin scams rise with it. A tried and true way    
   gold coin con artists find their victims is through cold calling.   
      
   How it Works:   
      
   A caller may try to convince you that buying gold coins is a hot investment   
   and    
   that you can double or triple your money practically overnight. The caller may    
   send coins, but they will be nowhere near the value you paid for them.   
       
      
   What You Should Know:   
      
   Professional gold coin dealers don't make cold calls to find buyers. If a    
   caller tries to sell you gold coins, chances are it's a scam.   
      
   What You Should Do:   
   *  If you get a call about collecting coins, simply hang up.   
       
   *  Learn to spot persuasion tactics. Pitches that include, "This investment    
   will make you rich" or "These coins are very rare and you can't even find   
   them"    
   are classic scam lines.   
       
   *  Before making an investment, check to see if the person selling you the    
   investment is registered with the Professional Numismatists Guild, or is a    
   financial adviser who is a registered broker.   
       http://action.aarp.org/site/R?i=aK-evA8Ea0ggCU6eybgv6Q   
      
   If you're under financial pressure, you may be willing to take more risk and    
   perhaps even make more quick decisions without doing your due diligence. If    
   you're feeling financial stress, beware that it's a risk factor for fraud.   
      
   Check out an in-depth article on coin scams that recently appeared in AARP the    
   Magazine here.  And please share this alert with friends and family.   
   http://action.aarp.org/site/R?i=9OLYKig9JZJHZUojAOmgQg   
      
   Kristin Keckeisen   
   Fraud Watch Network   
       
      
   P.S. Spotted a scam?  Tell us about it.  Our scam-tracking map gives you    
   information about the latest scams targeting people in your state.  You'll   
   also    
   find first-hand accounts from scam-spotters who are sharing their experiences    
   so you know how to protect yourself and your family.   
   http://action.aarp.org/site/R?i=rpZxIrQfUdj0lLxDLLBxGw   
      
      
   The AARP Fraud Watch Network connects you to the latest   
   information about ID theft and fraud so you can safeguard your   
   personal information and your pocketbook.   
      
   Visit the site >   
   http://action.aarp.org/site/R?i=GCNWBC0BtGpJ58x91_8ohQ   
      
   Get help:   
   If you or someone you know has been a victim of identity   
   theft or fraud, contact the AARP Foundation Fraud Fighter Center at   
   877-908-3360.   
      
   FORWARD TO A FRIEND:   
      
   Share this alert with your family and friends so they know   
   how to spot the common strategies scammers use and have the tools they   
   need to defend themselves against their tricks.   
      
   Forward this alert >   
   http://action.aarp.org/site/R?i=-2KqWWDhwbBiC-Vk-ZavkA   
      
   http://action.aarp.org/site/R?i=YSyx2gL4JjOWKk7QB6oDHw   
      
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      Ben  aka cMech  Web: http|ftp|binkp|telnet://cmech.dynip.com   
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                 Home page: http://cmech.dynip.com/homepage/   
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