Watch Out for This Precious Metals Scam

precious metals scam

Coins made out of silver or gold can sound like good investments. However, if a salesperson is trying to convince you that your hard-earned savings are safer in the form of precious metals, you might be the target of a scam.

This scam involves fear tactics. Preying on concerns about economic instability and other issues, scam artists target seniors. Overpriced coins that don’t hold their value can wipe out retirement savings all too quickly.

Learn how to spot this scam from The Seniors Center Blog’s post “Precious Metals Scam—How Scammers Are Targeting Seniors.”

The Seniors Center is here to keep retirees safe from scams. You’ve worked hard for your retirement, and you deserve everything you’ve earned. Learn more about our mission today, and be sure to connect with us on Twitter and Facebook!