Grandparent Scams

December 28, 2016

Someone calls claiming to be your grandchild. The scammer claims there has been a mishap and money is needed immediately. Perhaps they claim they are in jail and need bail money, but ask you not to tell their parents in fear of getting in more trouble. Keeping it a secret is always a red flag! Some grandparents have set aside their common sense to come to the rescue of a relative in need, but it is a sham. Never wire money or give out bank info based on a telephone call.

Avoid this scam by verifying the caller's identity and resisting pressure to act before the caller's identity is verified by calling a family member who could confirm the caller's story. Try contacting the real grandchild at a number you know is accurate.