What retirees need to know about ID theft

Crooks are like roaches: They prefer the dark.

So turn on the lights. "You have a right to say 'no,' a right to ask questions and a right to ask them to send information so you can show it to anyone you want," says Pavelites.

Sometimes the guy trying to get you to invest money is someone you met at church, a block party or your family reunion. Sometimes it's just a voice on the phone. Or a letter in the mail. And the venture could be an investment, a business proposition, or even a contest or lottery. Doesn't matter. Vet the person and the "opportunity" carefully.

Protect thyself: If they insist you have to keep it quiet and can't talk to anyone? Just say "no thanks," says Pavelites. Saying no will help you avoid getting duped by a financial predator.