Wednesday, September 8, 2010

Puritan Financial Group: Game Educates Seniors on Fraud and Scams

A number of New York City departments have taken a step forward in helping its senior citizens avoid investment fraud and other scams. The creation of the interactive video game “It’s My Money” is a fresh approach to educating retirees and other members of the populace about how to identify and stay away from potentially fraudulent investments.

The game stars I.M. Money, a character who goes through daily occurrences such as talking on the phone and checking electronic and snail mail. Aside from the chapter “Senior Scams Prevention,” which is targeted towards individuals planning their retirement, it also contains a portion dedicated to preventing identity theft. The two chapters focus on investment opportunities the central character encounters within his home. Each chapter has four parts, wherein the player has to answer questions based on his or her understanding of the presented story and a point-by-point summary.

A representative from the Department for the Aging states that this new approach to learning about fraud and theft prevention is a more effective way for seniors to identify financial scams and examine potential investments before putting in their money. With scams and financial abuse towards retirees on the rise, the free program is recommended for seniors, their families, and caregivers to prevent further senior scams.

The game can be obtained through a downloading link, with a user-friendly installation and in-game interface designed to be played by even the most technologically-inexperienced seniors. The educational value contained in “It’s My Money” is already apparent in the first few minutes that you play the game. It can be played solo, although playing in a group is recommended due to the ideas and discussion it is likely to generate.

Senior citizens are often targeted by insurance and investment scammers. “It’s My Money” can be a valuable tool to help retirees weed out good investments from bad, and protect their nest egg for their retirement. To know more about how you can avoid financial scams, play the game after downloading it at http://www.anyf.org/immoney.

This review was brought to you by Puritan Financial Group. Puritan Financial Group is owned by Puritan Financial Companies, based in Dallas TX. Puritan Financial Group is a leading provider of financial solutions for clients beginning in their peak earning years and continuing through retirement, helping them to accumulate, protect and transfer wealth.

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