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Kiplinger
Kiplinger
Business
Erin Wood, CFP®, CRPC®, FBS®

10 Ways to Stay Safe From Grandparent Scams and Other Fraud, Courtesy of a Financial Planner

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An older woman looks at her phone, which says "Unknown Caller" on the screen.

My older neighbors received a desperate phone call recently. The caller claimed their grandson had been arrested for DUI after a serious car accident.

Panicked, they did what any loving grandparents would: They rushed to withdraw $10,000 for his "bail" and delivered it as instructed.

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