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Beware of Grandparents Scam…Again
Posted By Sid Kirchheimer On July 19, 2013 @ 7:00 am In Bulletin Today,Money & Savings | Comments Disabled
But being the height of travel season, the Better Business Bureau warns, it’s also ripe for the “Family Emergency Scam” — also known as the “Grandparent Scam,”  named for its primary targets … and victims.
In this ruse, scammers posing as family members — typically grandchildren — telephone you claiming to have been arrested or hurt while traveling abroad. I need cash fast! they tell you. And please don’t tell my parents. The usual plea is to wire transfer the money.
Related: Is It Elder Financial Fraud? 5 Signs It May Be “Yes” 
Your name and phone number has probably been gleaned from online telephone directories or purchased lists that sometimes indicate subscribers’ ages. Fraudsters try to convince you they are indeed your grandchild by citing names and family details pooled from social networking websites, genealogy sites that provide public family trees, obituaries for deceased spouses that include grandchildren’s names and other sources.
Since 2010, the Federal Trade Commission  has received more than 40,000 complaints  about such scams, with money losses in the tens of millions. Likely, though, most cases go unreported. Although grandparents  are usually targeted, it can be other family members or even friends of the person supposedly in need of help.
So if you get one of these calls, don’t fall for it. One approach is just to hang up. But if you’re concerned it might be real, follow these steps:
Photo: Alan Alfaro/Flickr 
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Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2013/07/19/beware-of-grandparents-scamagain/
URLs in this post:
 home repair hucksters : http://www.aarp.org/money/scams-fraud/info-08-2011/home-repair-scam-alert.html?intcmp=AE-BLIL-DOTORG
 magazine-selling malefactors: http://www.aarp.org/money/scams-fraud/info-06-2009/scam_alert_door_to_door_deceit.html?intcmp=AE-BLIL-DOTORG
 Image: http://blog.aarp.org/wp-content/uploads/2013/07/3295254051_56113698731.jpg
 “Grandparent Scam,”: http://www.aarp.org/money/scams-fraud/info-02-2010/scam_alert_my_grandson_the_crook.html?intcmp=AE-BLIL-DOTORG
 Is It Elder Financial Fraud? 5 Signs It May Be “Yes”: http://blog.aarp.org/2013/07/03/sally-abrahms-elder-financial-abuse-signs/?intcmp=AE-BLIL-BL
 Federal Trade Commission: http://states.aarp.org/outsmart-the-scammers-the-ftc-is-fighting-for-us/
 complaints: https://www.ftccomplaintassistant.gov/
 grandparents: http://www.aarp.org/money/scams-fraud/info-04-2012/fraud-fighters-help-seniors-guard-assets-wa.html
 Alan Alfaro/Flickr: http://www.flickr.com/photos/ajalfaro/3295254051/sizes/m/in/photolist-62c3e2-67ANxb-6bHpq7-6gR9hJ-6ns3YB-6nDbet-6wH2rs-6Afpzh-6AN3zp-6B4Cms-6PEi9c-6VKMD3-71m2pu-73YT4H-74jyzZ-7fGUtm-7gw57G-7jr8Lg-7k9Yi2-7pTTzc-7rf3vz-7rf3Ce-7riYnU-7riYw3-7rKqYa-7wgybj-dwE3pW-dwE3Dq-7zPNqe-aKLswR-dwE3uY-cpREm1-eipDce-eknPKZ-bdX79M-dCRUcA-9sgYYn-dMgXbZ-9vQ4Pm-7BLuWL-92bzAo-7BXW97-9bpqbE-7Dx56m-7A5dQy-ek4WZB-cBJBNU-cVVUPA-aMZwqg-cWhQwS-bqQ8JE/
 Man’s Best Friend Used in Pet Scams: http://blog.aarp.org/2013/06/14/mans-best-friend-used-in-pet-scams/?intcmp=AE-ENDART1-BL-REL
 Scam Alert: If It’s Misspelled, Is It From a Scammer?: http://blog.aarp.org/2013/05/31/if-its-misspelled-is-it-from-a-scammer/?intcmp=AE-BLIL-BL
 Join AARP: https://appsec.aarp.org/MSS/join/application?intcmp=AE-ENDART3-BL-MEM
 AARP home page: http://www.aarp.org/?intcmp=AE-ENDART3-BL-HP
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