Concerned relatives beware. The Better Business Bureau issued a red alert late last week warning consumers that scammers have updated one of their old favorites: the grandparent scam.
As previously reported, scammers have been known to target seniors by calling and posing as a grandchild in distress. They'll typically bait the intended victim by saying "this is your favorite grandchild" or asking "do you know who this is?" Unwitting seniors fill in the blanks by providing the name of a relative who sounds most like the person on the other end of the line.
But the scam's subsequent publicity has led fraudsters to make a few minor adjustments to their pitch. Most notably, they are now providing their intended victims with detailed information regarding family members.
"They lace their conversation with correct references by name to other family members, increasing their credibility," the BBB said in a press release. "One caller even knew that the real person being impersonated had a twin who was born two minutes later."
According to the BBB, fraudsters are also targeting ... Read the entire article.
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