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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.
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.
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...
The grandparent scam has been around for ages but in the midst of a pandemic, people are way more likely to fall for a hoax that involves a family member in crisis, according to the FTC.
It's a scam that's designed to play on grandparents' heart strings, and the latest version of it has prompted a national awareness campaign as well as consumer alerts from two state attorneys general.
• 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.
Sandra Feldman was sure it was her grandson, Graham, on the phone. He said he was in Spain. And he was in trouble. It was 9 a.m. and Feldman, 75, who lives in Chicago, knew her grandson should be ...
This summer, Daniel Goldstein’s 86-year-old mom got an email that looked like it was from her bank. Instead, she lost $600 to a scammer. While everyone wants to protect their parents and ...