Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

10 Ways Seniors Suffer Financial Abuse

July 13, 2021 · Retirement Life
Photo by SpeedKingz from Shutterstock

The “Help me Grandma” scam

This next example is completely obnoxious, but it needs to be brought to your attention. It’s extremely devious and easy to be done because it relies entirely on an older person willing to help and be there for their loved ones.

The con artists that use this technique targets grandparents that haven’t seen their grandchildren in a long time.

It implies receiving a telephone where the caller acts like the grandchild: “Hi, grandma, I’m your grandchild. Don’t you remember me?” If the elder person responds with a name, the scammer automatically approves and like this, he got himself an identity.

After that, the scammer mentions a big and problematic situation that he/she needs to escape but to do that requires a big amount of money. “Grandma, can you help me? No one needs to know about this” Of course, the grandparent, out of love, helps out the so-called grandchild by sending away their account information. The rest of the story we guess you can imagine.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

What It’s Really like to Retire in an RV

Consider living expenses When going on an RV adventure, don’t think it’s all rainbows and…

Read More →

A 20-Step Guide to a Horrible Retirement

Retirement is an important milestone. And the closer you get to that moment, the more…

Read More →

We Found The Best 20 Neighborhoods for Retirees

11. Sunland — Los Angeles We’re returning to Los Angeles, where we’ve already discussed high…

Read More →

10 Ways These 3 Virtual Assistants Can Improve the Lives of Seniors

HANDS-FREE SUPPORT WITH SHOPPING AND ORDERING Moving around can become really challenging for seniors, as…

Read More →

6 States That Are Perfect for Healthy and Active Seniors

1. Hawaii Finally, the best state for retirees in terms of health care in Hawaii.…

Read More →

17 Retirement Lies We Still Tell Ourselves

I will be able to work when I’m older In the same vein as thinking…

Read More →

10 Best Places to Retire That Won’t Break the Bank

Des Moines, Iowa Last but not least, Des Moines receives high scores for its available…

Read More →

12 Incredible Inventions That Are Beneficial for Seniors

Toilet Safety Rails Another item that is extremely useful for the elderly members of our…

Read More →

10 Things You Can Use Your Health Savings Account For

If you have a qualified high-deductible health insurance plan, you can open a health savings…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.