Watch Out for the New "Hey Grandma" Phone Scam

Phone scammers are targeting the elderly with what experts are calling the “Hey Grandma” phone scam. These con artists call up elderly people and pretend to be their grandchildren to get money out of them.

The scammers posing as grandkids call with some desperate plea that they are in trouble and need money, and law enforcement claims they are tricking 1 in 50 seniors and making upwards of $10,000 a day. The scam is run out of Canada but they are targeting U.S .citizens, so it’s important not to answer any number that you don’t recognize.

According to reports, callers often follow a script similar to this:

 "Hey, how are you, hi grandma, hi grandpa ... I'm in a little bit of trouble right now. If I tell you, just keep it between us, I'm on vacation, but I got into a little accident, and I was arrested for a DUI. Things got out of control, and I need you to send me money."

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