Posts Tagged ‘Grandparents Scam’

Article 73-Estate Planning Series: Are You Familiar With The “Grandparents Scam?”

Written by Wright Law on . Posted in Estate Planning

A few days ago I read an article warning about what is called the “Grandparents Scam.”  It is a scam I have been addressing for some time in my presentations.  This article suggested that summertime brings an uptick in this scam.

According to the FBI, it works like this: 

You’re a grandparent, and you get a phone call or an e-mail from someone who identifies himself as your grandson. “I’ve been arrested in another country,” he says, “and need money wired quickly to pay my bail. And, oh by the way, don’t tell my mom or dad because they’ll only get upset!”

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