Published 6 hours ago
Submitted by U.S. Bank
Originally published on U.S. Bank company blog
Chad Schrieber wants to help others avoid what his father and family have gone through.
Many people think that they would never fall for a scam. In reality, it can happen to anyone.
Arthur Schrieber Jr. of St. Louis was restless. He just knew his life was going to change the next morning, so he was too excited to sleep.
After tossing and turning, Schrieber, 84 at the time, finally got out of bed in the wee hours of May 16, 2017, and put on his best suit and tie.
Then he began waiting for the Publishers Clearing House prize patrol to deliver his grand prize that day.
“When my dad told me he had won the PCH sweepstakes, bells and whistles went off in my head,” said Arthur “Chad” Schrieber III, a U.S. Bank application developer based in St. Louis. “I thought, ‘This is not good.’”
To make matters worse, a van did pull up in front of the Schriebers’ home that day, and someone came to the door with balloons and a gift bag. But it wasn’t PCH with a big check – it was a mattress company representative who eventually talked the elder Schrieber into buying a $5,000 bed he didn’t need, with an 18 percent loan he couldn’t afford.
Arthur Schrieber’s vulnerability – and Chad’s efforts to protect him – eventually sent Chad on a journey to learn more about elder fraud. He researched the problem, developed a presentation to share his prevention tips, and even went on the…
