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.