Dateline show to expose annuity scams aimed at seniors
Here’s the promo for the show, which airs Sunday evening Sunday, April 13 (7:00 PM/ET)
“With an estimated 15 trillion dollars undertheir control American seniors have become more of a sales target thanever for insurance agents seeking to sell them annuities. On Sunday,April 13 (7:00 PM/ET), “Dateline” goes undercover in “Tricks of theTrade” — a hidden camera investigation revealing what some insuranceagents say, and what they don’t say, when they think they are alonewith a senior. In his signature style, Chris Hansen then confrontsagents about their questionable sales pitches.
NBCNews footage shows the widespread practice of agents cloakingthemselves in fancy titles and insurance agents attending a seminar tolearn these sales tactics. Minnesota Attorney General Lori Swanson, whoreviewed “Dateline’s” footage, and who has filed several suits allegingfraud in the sale of annuities to seniors, tells Hansen: “…what istragic about it is when those agents go into the seniors’ homes, it isliterally the wolf among the lambs.”