Scammers target elderly in ‘Grandparent scam’

In Wednesday's Successful Aging, Linda Pritchett with "Vital Magazine," the magazine for active, older adults, spoke to us about avoiding scams.

The "Grandparent scam" has become a popular one. It involves scammers calling older adults and claiming to be their grandchild needing money.

Here are some other ways, the Grandparents scam works:

1. The supposed grandchild explains that his or her voice sounds different because of injuries sustained in the wreck.
2. The supposed grandchild implores the grandparent not to tell his or her parents until he gets out of jail – and describes terrible conditions in the jail.
3. Third parties claiming to be the grandchild’s attorney or jailer will place calls to the grandparent, describe the grandchild’s deteriorating physical or legal situation, and press them to wire money (or more money) immediately.
4. The grandparent is told not to bother with calling the grandchild’s cell phone number because it has been confiscated by jailers.
5. Once money has been wired, the grandparent is called again and told that additional monies need to be wired because the medical condition of a victim has deteriorated, or a victim has died, or because the victims’ rental car company wants to be compensated for damages, or because charges have been increased, necessitating more money for bail or attorneys fees.

Filed in: Morning Show, News

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