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  • Colleen MacFarlane

Grandparent Scams are Increasing

Also contained within this category are Grandparent Scams, which occur when a criminal impersonates a panicked loved one, usually a grandchild, nephew, or niece of an older person, and claims to be in trouble and needs money immediately. In 2023, the IC3 received over 200 complaints from people over the age of 60 reporting Grandparent Scams, with approximate losses of $2.3 million.

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