10 tips to protect your loved ones from ‘grandparent scam’
By Priyanka Roshan, May 29, 2024
The so-called grandparent scam is being used by miscreants to extort money from the elderly. Here are some tips to guard against such traps:
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educate about the scam
Inform your loved ones about how the grandparent scam works.
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Stay calm
Scammers often create a sense of urgency to prompt hasty decisions. Stay calm & resist pressure to act in fear.
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USE CODE WORDS
Establish a family code word that can be used in emergencies.
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Check with other family members
Advise your loved ones to call other family members or friends to verify the story before taking any action.
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Never send money or share personal information
Never send money or provide personal information to unsolicited callers.
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Report suspicious calls
Encourage reporting any suspicious calls to local authorities.
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Use caller ID & call blocking
Suggest using caller ID to screen calls & consider call-blocking services to reduce unwanted calls.
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Regular check-ins
Keep yourself updated on any unusual calls or requests they might receive.
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