The elderly are, unfortunately, a natural target for scammers and con artists. In fact, 1 in 5 senior citizens have been hit by a scam, and this “industry” nets over $2.6 billion per year. The FBI has put together a detailed list of the 8 scams most frequently used against the elderly. Not only do they explain the scams in detail, they give you a fairly comprehensive list of tips on how to avoid each one. Also, if you or a loved one have been victimized by one of these scams, they provide Internet links and phone numbers for reporting the crime to the FBI.