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Elder Law of Louisville's Blog

Thursday, June 30, 2011

Local Elderly Warned of 'Grandparent Scam'

Authorities are warning senior citizens to beware of the “grandparent scam,” which has resurfaced in Kentucky, defrauding victims of about $40,000 in recent weeks.

Under the scam, someone calls claiming to be a relative — usually a grandchild, claiming an emergency, such as an accident or injury outside Kentucky, and asking for immediate transfer of funds, according to Attorney General Jack Conway’s office, which investigates consumer fraud.

Because the funds wind up out of state or out of the country, it generally is impossible to recover them, officials said.

In one recent case, a Fort Mitchell woman reported she was defrauded of $4,800 after she transferred the money at the direction of a caller claiming to be her grandson, reporting he had been in an accident in Mexico. Another recent complaint involved a Jenkins woman who lost $3,000 she believed she was wiring to help a grandson in Spain after she received a fraudulent call, saying he had been arrested for drunken driving.

Scammers sometimes pose as police officers or lawyers calling on behalf of a relative, Conway’s office said.

Anyone suspecting such fraud should contact the Attorney General Consumer Protection Hotline at (888) 432-9257 or at http://ag.ky.gov/civil/consumerprotection.

Couresy of Courier-Journal.


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