72 percent of Americans combined wealth is held by citizens 55 and over.  Ergo, seniors are a prime target not because they are stupid but because they have money and are susceptible to a wider variety of scams. 

Financial fraud is a billion dollar industry and has a larger profit margin than stores such as Walmart and Target. 

Most victims run right through the red flags.   I certainly could provide you a list, but you can web search it. 

So, slow down and think and heed the red flags.