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Kiplinger
Kiplinger
Business
Mario Hernandez

Why Now Is the Best Time To Protect Yourself From Potential Fraud

An unidentifiable person wearing a hoodie and sitting in a dark room works on a laptop.

Recently, a client shared a harrowing experience. The client’s parents received a phone call from someone claiming to be their grandson. The connection was filled with static, but the grandson was allegedly in jail and urgently needed bail money wired to him, or he would have to spend the weekend in jail. Frantic to help their grandson, they assured him they would immediately wire the funds.

As soon as they hung up, they began to feel uneasy. Thankfully, their instincts kicked in, and they decided to call their grandson directly, who, much to their relief, answered the phone. The grandson quickly confirmed that he was safe and sound, and the client’s parents narrowly avoided falling victim to a common scam.

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