An 88-year-old woman is one of the latest victims of the sweepstakes scam. She lost $160,000 in order to get the millions the scammer claimed she’d won through the Publishers Clearing House. She’s not alone. This scam has been around for years and has affected tens of thousands. Be aware of the six signs of a scam to avoid losing money. The Caller Insists You Not Tell Anyone In a scam, the caller will insist that you cannot tell anyone. This is more likely to happen with the grandparent scam. The caller will say that the grandchild’s parents cannot know. Secrecy is important to the “grandchild.” If your parents are told not to tell anyone, it’s very likely a scam. Your parents should immediately report the scam to local authorities or the FTC at 1-877-382-4357. The Contact Arrives Out of the Blue A scam is going to start with a random call, email, or unsolicited mailer. Your parents didn’t enter a contest. It could be a scammer posing as a police officer, IRS representative, or ...
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