Consumer Law

"It's Me Fraud"

By Jeff Sovern

by Jeff Sovern

Those of us at the University of Houston Teaching Consumer Law Conference last week were treated to a report on a type of fraud I personally had never heard of and that is so new, it goes under several names, including it's me fraud and grandparent fraud.  Basically, someone calls a grandparent (or sometimes a parent) claiming to be his or her grandchild facing an emergency and in need of funds.  The con artist then persuades the grandparent to wire money.  Jeff Gelles has a column about the practice here. 

Full post as published by CL&P Blog on May 25, 2010 (boomark / email).