Author Archives for Herb Weiss

Elderhostel Brings R.I. History Alive

Published in Pawtucket Times on Oct. 15, 2001

Some seniors age 55 and over have traveled to small French villages to see where Monet once walked and view his masterpiece artworks in Parisian museums.

Or those with a strong appreciation of music have traveled between cities, from Memphis to New Orleans, to learn about America’s greatest music – spirituals, blues and jazz.

The more adventuresome have immersed themselves in India’s 2,000 years of history and exotic culture by visiting the country’s ancient forts, temples, and palaces, traveling from Delhi to Jodhpur.

The described trips are just a few of more than 11,000 programs offered annually in more than 100 countries by the Boston-based Elderhostel, a nonprofit group considered to be one of the world’s largest educational and travel organizations that offer travel packages to seniors age 55 and older.

For Elderhostel’s fall programming, more than 34,226 seniors have attended in-depth lectures, field trips and cultural excursions as 1,847 enrollment sites throughout the world. In Pawtucket, Marcia Sandeen, 76, along with 39 other hostelers from Texas, Colorado, Nevada, New York, and as far away as Florid, came to learn Rhode Island’s history and view its quaint colonial streets, explore English-style mill villages and rare New England stoneenders.

Planned by the Blackstone Valley Tourism Council (BVTC), presentations by local historians and travel to local historical sites create an exceptional learning experience about Rhode Island’s history and and architectural treasures. Throughout the five-day jam-packed itinerary the older hostelers traveled throughout the Ocean State visiting an array of sites, from the Friends Meeting House in Lincoln to Pawtucket’s historic Slater Mill, the John Brown House, Pendleton Houses and a tour of Benefit Street in Providence, to a Newport mansion, “The Breakers.”

Even meal time brought history alive to the seniors who ate lunch at the Modern Diner in Pawtucket, a customized and factory-built Sterling Steamliner diner that was the first diner to be placed on the National Register of Historic Places. The group also dined at the Hose Company No. 6, a renovated 1895 fire station in Pawtucket and the Stagecoach Tavern Restaurant in Chepachet, located in an old tavern occupied by soldiers during the Dorr rebellion in 1842.

Sandeen admits “a retied teacher never stops learning.” And she hasn’t either. Since 1987, the former Houston elementary school teach who now resides in Las Vegas, has traveled to 35 Elderhostel programs across the United States, even traveling to four foreign countries.

Why come to Rhode Island? “It’s fascinating to be here because of its heritage and history,” she tells All About Seniors, adding that her favorite programs are always “historic and scenic.” That sums up Rhode Islan

During a tour of Pawtucket’s Slater Mill, Sandeen was clearly impressed with the preservation of the old mill complex.

The birthplace of America’s Industrial Revolution was a great onsite classroom for the older hostelers, too. “The tour guides were excellent and you could tell that they really love the subject,” she mentioned, as she walked with her group through the historic mill built in 1793.

Last month’s horrific terrorist attacks in Washington, D.C. and New York City did not stop 70-year old Lillian Mordas and her husband Joseph, 75, of Beacon, N.Y., from attending the Elderhostel program in Rhode Island. The retired elementary school teachers have visited eight states during their 10-year involvement with the Elderhostel organization.

Tourism should not be stopped by fear. Lillian Mordas says, with her husband nodding in agreement. The couple have lived through the Depression, World War II, the Korean and Vietnam Wars. “We’ve seen quite a bit and we must show the younger people that you should not be fearful of traveling. You manage to survive through the tough things,” she stated.

Before coming to Rhode Island the Mordas did not realize that the state was so industrial and had so many mill buildings. Now it’s obvious to them. “We’re overwhelmed at being in a state that is considered the birthplace of the American Industrial Revolution and one that has made so many contributions to religious freedom,” Lillian added.

“So many cultures and life experiences come through Rhode Island’s Elderhostel program,” notes Bob Billington, BVTC’s executive director, who has organized 20 Elderhostel programs in Rhode Island during the last six years. “The programming must meet all the educational requirements and standards set forth by Elderhostel,” he says. But add to travel, meals, gratuities and medical or insurance coverage, you get a great deal of value, he says.

But for the older hostelers, a zest for living and curiosity of exploring new places and a desire to learn from each other are the right ingredients to keep them coming back for years.

Elderhostel’s programming is offered in all 50 states and more than 80 countries. For m ore information call the toll-free registration line at 1-877-426-8056, or visit the groups website at http://www.elderhostel.org.

The Best Of…Invest Wisely With Hard-Earned Income

Published October 8, 2001, Pawtucket Times

             With the news of the latest Federal Reserve rate cuts, stocks soared with investors showing new optimism in the stock market.  The Dow Jones industrial average has spiraled up above 9,000 for the first time since the horrific terrorist attack more than three weeks ago.  With this latest rally on Wall Street, elderly investors might be more easily influenced by scam artists to invest their hard-earned income in buying stocks, bonds, and other securities.

             According to the state’s Securities Division of the Department of Business Regulation (DBR), charged with investigating financial scams, its staff has examined hundreds of complaints filed against stockbrokers and investment advisors.

           Some complaints can be resolved quickly, others are more complicated to tackle and take more time to resolve,states David Briden, DBR’s chief securities examiner.  For instance last April DBR entered a consent order against Alpha Telecom, Inc. and ATC, Inc.

             These two companies promoted the sale of pay telephone investments to Rhode Island residents.  State regulators noted that the  high risks of this investment were not fully disclosed to the 50 Rhode Islanders, some of them elderly, who had invested approximately $960,000.  Under the terms of the order the two companies paid a penalty of $50,000 to the state.  This represented the largest administrative penalty in a pay telephone case nationwide.

           Additionally, Alpha Telecom, Inc. and ATC, Inc. were ordered to offer a full refund to the Rhode Island investors.  DBR went to Superior Court to enforce the terms of the consent order.

          In August 2001 the U.S. Securities and Exchange Commission announced that the U.S. District Court of Oregon granted a temporary restraining order and froze the assets of the two companies.  Meanwhile, in that month these companies had filed for bankruptcy in the U.S. District Court for the Southern District of Florida.  At press time, the investors are still waiting for their money to be returned.

           So how can you protect yourself against financial scams?   Don’t get reeled in by a “cold call,” touting an investment that is guaranteed to make you lots of money, warns Briden.  Especially if you have never dealt with the caller, “simply tell them you are not interested and hang up,” he says.

           “Always get written information before making any investment decision,” Briden says.  Even meet with the broker at his or her office so you get to know them and to see the firm, he suggests.

           There’s a problem if the caller can’t produce written material. According to Briden, the old adage there is no free lunch really applies to making investments, too. Don’t be conned into making a quick investment decision when high pressure sales tactics are used, Briden says, adding that any investor should “Beware of any promise made that the investment will result in quick profits or extremely high returns.  Be concerned if your told ‘Act on it now or it will be too late,” he says.

           Meanwhile, a check can be a receipt of your investment. “Never invest cash,” Briden adds, stressing that a person should never send a check to someone at a firm you know nothing about.

            Become an educated investor when considering the investment of your money. “It is important that you understand the costs (commissions, fees and penalties) to the investment,” Briden says.  “Always find out the risk involved in your investment.  Never make an assumption that the investment is federally insured or guaranteed.”

              If you suspect that you have been a victim of investment fraud, contact the State of Rhode island, Department of Business Regulation Securities Division, Suite 232, 233 Richmond Street, Providence, RI 02903, or call (401) 222-3048.

            Herb Weiss is a Pawtucket-based freelance writer who writes about aging, health care and medical issues.

Seniors Should Beware of Charity Scams

Published in the Pawtucket Times on October 1, 2001

Following on the heels of last month’s deadly terrorist attacks on the World trad towers and the Pentagon, AARP has issued a warning to seniors to watch out for scam artists seeking to make a fast buck on the horrific national tragedy.

The Washington, DC-based senior watchdog group urges older persons to be very cautious when responding to charitable solicitations. “In this time, we need to be alert to stop those who would divert charitable donations away from those who have been victimized by the tragedy in New York and Washington, DC., states Kathleen S. Connell, AARP’s Rhode Island Executive Director.

Charities have historically targeted seniors, Connell says, making seniors especially vulnerable to scam artists.  AARP research shows that, even in ordinary times, Americans age 65 and older receive more telephone and mail solicitations for charitable donations than any other age group. “Older Americans may become particularly receptive to appeals that benefit police and firefighters who were victims of the recent terrorist attacks,” Connell says.

According to AARP experts, charity scams may take various forms, but certain elements can be warning sign. Red flags indicating the signs of a scam include: the use of a similar sounding name that suggests a well-know charity; a request for your credit card number or cash; an offer to send someone to pick up your contribution; and failure of the solicitor to explain the charity’s administrative costs and programs.

Connell recommends that donations be given to recognized organizations such as the Red Fross or Salvation Army or any charitable groups that the giver is familiar with.

Are scam artists targeting Rhode Island seniors using the backdrop of a national tragedy for fraudulent charity appeals?  No, says Connell.  She is unaware of any scams in Rhode Island being directed specifically at seniors. “It appears that the public relations campaigns raising the visibility of telephone scams have been successful and seniors are being more than careful when making donations.

Jim Martin, spokesperson for the state Attorney General’s Office told All About Seniors, “There is no substantial evidence of any scam artists collecting money under the guise of a charity purporting to assist the victims of the Sept. 11th tragedy.”  If this occurred, he says, State Attorney General Sheldon Whitehouse would not hesitate to use any means at his disposal to stop it and hold those who do it accountable.”

State charity regulator David Briden, of the Department of Business Regulation, also is not aware of any charity scams sweeping through the Ocean State targeting seniors.

Briden states that hundreds of charities raising money across the nation, soliciting funds for the victims of the terrorist attacks, his staff is attempting to monitor their efforts.

Briden urges seniors to take precautions when making a donation to charitable causes.  Write a check instead of using cash, making out the check to the organization. “Never give out your credit card number, Social Security number or any other personal information over the phone,” he says.

Weeks after the terrorist attack, contributions are pouring into the American Red Cross of Rhode Island. Individual and group contributions, from the Boy Scouts, neighborhood children who banded together to raise funds, to donate received from a growing number of major corporations, like Textron, Inc., and MetLife, have raised nearly $ 1 million for relief efforts, states Sara Bilossky, the group’s communication director.

Even with state regulators acknowledging little reporting of scam operations in Rhode Island, Bilossky is aware of a few callers who have contacted her agency attempting to determine if solicitation calls, they have received on behalf of the American Red Cross were really legitimate. But these calls quickly tapered off, she said.  Any donation to the American Red Cross can either be delivered directly to the nonprofit agency or mailed, she recommended, suggesting that donation checks to be made out directly to the Red Cross Disaster Relief Fund.”

Hundreds of millions of dollars have ben raised nationwide by charities for the victims of the terrorist attacks and their families. It is the donor’s responsibility to make sure that his or her hard-earned money gets into the right hands. If solicited, always ask about the group’s fund-raising goals, find out how the collected money will be spent and request a list of the board of directors.  Does the group have written materials? Give smartly and generously.

For questions concerning charities that have been registered by the State of Rhode Island or to file complaints, call the state’s Department of Business Regulation at 401 222-3948.