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How to Spot Con Men Before They Spot You

Doug Shadel of the AARP provides a detailed outline of common scams and tactics con men use, reasons investors fall for them, and tips so that you don't become a victim of financial fraud yourself.

How to Spot Con Men Before They Spot You

Adam Zoll: For Morningstar, I'm Adam Zoll. Financial fraud costs older Americans billions of dollars a year, and even those with financial smarts can become victims. Here to talk with me today via Skype is Doug Shadel. Doug is director of AARP Washington and author of the book, Outsmarting the Scam Artists. Doug, thanks for being here today.

Doug Shadel: My pleasure.

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