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
« 1 ... 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Your email address will not be published.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

  • 6 Important Changes to Social Security Benefits in 2026
  • How To Pay Your Taxes With Your Credit Card in 2022
  • 8 Ways To Avoid Retirement Poverty
  • 13 States Where Your Freedom Is Respected
  • 18 Places Where Social Security Is More Than Enough
  • 7 Ways To Budget Your Groceries in Retirement
  • 14 Retirement Cities With Awful Weather
  • 11 States With the Best/Worst Social Security Checks in 2022
  • 10 Best Senior Discounts for 2022
  • 12 States That Tax Social Security Benefits

Newsletter

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

Related Articles

22 Ways to Protect Your Retirement From a Possible Recession

Consider Having a Part-Time Job in Retirement If you can’t rely on any income from…

Read More →

Does Your Employer Want You to Retire? Here Are 15 Ways to Tell!

Your Retirement Becomes a Topic of Conversation After a certain age, discussions about retirement are…

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 →

Best Multivitamins For Over 50s

Best Multivitamin for Women Over 50:  One A Day Women’s 50+ Healthy Advantage – The One…

Read More →

30 Expensive Cities Retiree’s Will Want To Avoid

Banning, California In this beautiful town located at the base of Mount San Gorgonio, seniors…

Read More →

Top 11 Medical Alerts Systems

Medical alert systems have become a popular choice for many older Americans, especially those who…

Read More →

25 Smartphone Accessibility Settings You’re Not Using (But Should)

Thanks to smartphones, it is much easier for us to communicate with others and complete…

Read More →

Retiring From The Military? See How Much Money You’ll Get

Military Survivor Benefits – At retirement, you have the option of paying for a Survivor Benefit…

Read More →

13 Truths About Retirement No One Wants To Talk About

Your golden years may come with some unexpected issues if you haven’t managed to plan…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • Home
  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Contact

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.