$AIF (Seniors Against Investment Fraud)
Learn to protect yourself from telemarketing and investment fraud, then join RSVP's fraud fighting $AIF volunteers. Help your friends by spreading the word about what you've learned or make scheduled presentations to your peers.
$AIF DETAILS
A "perfect storm" has flooded California, where 40% of all investment fraud occurs and adults over 50 have lost more than $3.8 billion to telemarketing scams and investment fraud. AARP's 2002 study defines peer counseling as the most effective tactic for decreasing the response rate to investment fraud. With that in mind, RSVP of Mills Peninsula Senior Focus (San Mateo) and the RSVP of Northern California Presbyterian Homes & Services, Inc. (San Francisco) seek to meet this critical need by organizing $eniors Against Investment Fraud ($AIF) through self-directed teams of RSVP volunteers in the two counties.
$AIF, a program of the California Department of Corporations (CDOC), is a peer-to-peer program organized in three levels of volunteer involvement. Forty self-led Managing, Leadership and Ambassador Volunteers utilize their skills to fight investment fraud among seniors through word of mouth, presentations, awareness materials, and referral to a CDOC toll free hotline. Volunteers meet monthly to identify presentation sites, discuss accomplishments, identify and receive continuing education.
$AIF increases the number of seniors who compare, consult and consider their investment options, as measured by an increase in hotline activity. Annually, thirty thousand older consumers call the $AIF hotline for assistance and forty older consumers contact the Leadership Volunteers to report investment fraud.
$AIF is sponsored in San Francisco County
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