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October 8, 2002 Harman Hosts Forum On Fraud Prevention For South Bay SeniorsFraud is a form of terrorism... these acts terrorize our communities...
Daniel Bolick, White Collar Crime Program Coordinator for the FBIs Los Angeles Field Office, highlighted the staggering $40 billion in losses caused by telemarketing fraud each year, to put this in perspective, the estimated cost to rebuild the World Trade Center was $40 billion, and this occurs every year. Bolick stressed that seniors are the number one target, stating Sixty percent of all telemarketing fraud happens to seniors. These statistics just underscore the importance of empowering people, particularly seniors, in our efforts to combat frauds various appearances through forums like these. According to the FTC, California has the second highest rate of identity theft in the nation. Another recent report by the National Fraud Information Center stated that 30 to 60 percent of all illegal telemarketing fraud originates in California. Fraud is a form of terrorism, Harman stated. These acts cause panic and terrorize our communities, particularly in the South Bay, where rates of identity theft and telemarketing fraud are some of the highest in the nation. It is vital that we provide seniors with the information and tools they need to protect themselves against these horrible acts. Following the forum, Christiane Willey, a senior from Redondo Beach stated: I felt the information was very practical, in particular the advice about dealing with telemarketers who offer deals too good to be true. Representatives from the K.E.E.P-S.A.F.E. Coalition and the US Postal
Inspectors Office also participated in the forum. ### Related Information :
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