Sunday, May 15, 2005
Note: Some news links may expire one week after posting.Who's Preying on Your Grandparents?
Slick investment salesmen offer seniors a free meal and a spiel about how much money they will make if they invest in certain annuity products. These unsuspecting senior citizens should know there is no such thing as a free lunch, because many of these investments keep their hard-earned funds tied up until they are in their 80s. Children and grandchildren need to make sure their elders are not getting snuckered by these pitchmen. For more consumer news, visit Consumer World.
