The Grandparents Scam
One such fraudster discussed the Grandparent Scam during a CBS special report. He revealed trade secrets and opened many people’s eyes to this scam. “We target people over the age of 65, mainly, because they’re more gullible. They’re at home. They’re more accessible,” he reveals. “Once you get them emotionally involved, they’ll do anything for you, basically.” Thankfully, it wasn’t too late for Cyril.