00:04 Number 2 - Grandparents Scams 00:06 This notorious scam exploits the care and concern grandparents feel for their beloved grandkids. 00:12 Here's how it works. The scammer gathers enough information on a person… then calls that person's grandparents. 00:19 They make up a story that there's been an accident, or their grandchild is in trouble. 00:24 Withdraw some money and immediately wire it to an address and they'll take care of the grandchild. 00:28 Only there's no accident. No one is in any kind of legal jam. Everyone is safe. Except for your money. It's gone. 00:37 Scams that ask for money immediately... can be stopped just by telling the person to wait and you'll call them back. 00:43 Verify that your grandchild is safe! Don't fall for it. Once your money is gone, it's not coming back. 00:50 For more information on scams, visit USPIS.gov