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BY Mildred Europa Taylor, 2:00pm January 14, 2019,

6 financial scams you should be wary of in 2019

Avatar photo
by Mildred Europa Taylor, 2:00pm January 14, 2019,
6 financial scams you should be wary of in 2019
Pic credit: Carmel Clay Public Library

Grandparent scam

Also called family emergency scams or travel scams, this usually begins with a call from a person who claims to be a grandchild in trouble (often an accident, arrested, or hospitalized) and needs money immediately. A criminal may sometimes know the grandchild’s name through social media or other platforms and would use this to complete the process. Experts warn that you should never wire or send money in such a situation unless you have cross-checked.

Last Edited by:Nduta Waweru Updated: January 15, 2019

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