Your phone rings. The person on the other end of the line sounds upset, says she’s your grandchild and asks for money to get out of a sticky situation. This is how a grandparent scam begins. And because the scam pulls at your heartstrings, it’s easy to become a victim. This is how the “grandparents scam” works.
If you’ve been targeted or victimized, you’re not alone. According to the Federal Trade Commission, Americans lost more than $300 million to various imposter scams in 2017.
For steps on how to protect yourself from the grandparents scam, CLICK HERE.