Grandparent scams claim another victim.

Today I heard about a local victim of what has come to be known as the “Grandparent Scam.”

The victim in this case was contacted by a person who claimed to be their grandson. He told the victim that he’d been in an auto wreck in Vancouver, and needed $900 because he hadn’t purchased insurance on the rental car. The victim wired the money, then received another call from the crook, asking for an additional sum. However, by this time the victim had been informed that it was a scam.

Still, $900. Nobody needs to lose that.

If you are a grandparent, it is imperative that you are informed about this type of crime. The con artists are banking on your not being able to recognize your grandchild’s voice. Through websites like Facebook, it is very easy for criminals to get information about family members online, which can add legitimacy to a caller’s story.

If someone calls, press them for information that only the real grandchild would know. Better yet, hang up and call the grandchild directly. I’ve heard of several cases of this scam being averted by the phrase, “No, meemaw, I’m not in Canada.”

They may claim to be in jail, injured, or in some other bind, but you have to avoid panicking in this situation. Know that in most cases, that call is a scam, especially when the caller claims to be overseas. Ask for a callback number and contact the parents or the grandchild himself.

Also know that money is irretrievable once wired out of the country.

If you know someone who is a grandparent, make sure you tell them about this scam. And have your kids give them a call now and then, just so they know their voices. It’s an easy scam to avoid if you’re informed.

Telephone scam targets grandparents

There’s another antique scam currently experiencing a renaissance: the telephone “Grandparent Scam.”

This one is really simple: thieves will call elderly people, posing as a grandchild and asking for money because of a car accident, arrest or other emergency. Alternately, they may claim to be a police officer or lawyer and tell the victim their grandchild has been hurt, arrested or in need of legal counsel. In either case, the victim is instructed to wire money to the thieves.

It’s a simple scam because it’s so easy to find out the names and ages of family members online. In fact, a single obituary might provide everything a crook needs to victimize family members of the deceased. However, an experienced “social engineer” might be able to pull it off cold, with very little information to start with.

Thieves using this technique are working under a set of assumptions:

  1. Grandparents will be less judgmental if a young person is in trouble with the law, which is why the “grandchild” is calling them instead of a parent
  2. Grandparents will be quick to panic if they think a grandchild is injured
  3. Elderly people can’t hear well, which means the thief doesn’t have to work very hard to disguise his or her voice
  4. Older people are less informed and less tech-savvy
  5. Elderly people may be ill or on medication, which can affect their judgment

Of course, in any individual case, none of these might be true, some of these might be true, or all of these might be true. Crooks use stereotypes as a way to select potential victims, knowing that one group (grandparents) will have a statistically higher rate of return than another (parents or siblings).

If you are a grandparent, be extremely wary of anyone calling who claims to be a grandchild in trouble. Ask questions that only the real grandchild would know. Hang up the phone and call him or her directly, or the parents. If the caller claims to have been arrested in Tijuana, but his parents say he’s in the living room in Des Moines, you’ve pretty much got your answer right there.

Don’t wire money to someone who calls just because they asked you to. Don’t panic. Take a breath or two, and figure out how you can verify beyond reasonable doubt who that caller is. Ask questions (the crook will likely hang up immediately). Call the parents. Call the grandchild. Do whatever it takes to verify the identity of the caller.

In all honesty, if someone is calling and asking you to wire money, I’d put 90% odds on it being a scam right away.