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The grandparent scheme has seemed to supplant the IRS scam in prevalence.Quinn said that scam was more regularly seen six or seven years ago. "They would call and say it's the IRS. You owe money.
The National Council on Aging recently reported that 92,731 older adults were victims of fraud and scams in 2021, leading to $1.7 billion in total losses. These scams may be especially prevalent...
Also commonly known as "grandparent scams," a fraudster will impersonate an individual's loved one and claim they are in trouble, or need cash immediately for some sort of emergency.
You or your parents need to know how to handle the supposed government calls about missed jury duty, calls from grandkids in trouble, and emails seeking private information. Seniors, Beware of ...
And whatever you do, don’t send cash, gift cards, or money transfers. You can report scam phone calls to the FTC Complaint Assistant. Online scam No. 4: "Tech support” reaches out to you ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Tips to Protect Against Grandparent Scams Be suspicious of anyone who calls unexpectedly asking for cash. Verify any supposed emergency, by calling friends and family, before wiring money.
Worse still, they often exploit the grandparent's loyalty by swearing them to secrecy. If in doubt, call your grandchild on the number you have stored, or do a reverse check on the number you've ...