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The son of a Toronto senior who lost $8,000 in what he calls a 'letter-for-letter' example of the so-called 'grandparent scam' said RBC bank should have seen the warning signs and stopped the withdrawal.
The son of a Toronto senior who lost $8,000 in what he calls a 'letter-for-letter' example of the so-called 'grandparent scam' said RBC bank should have seen the warning signs and stopped the withdrawal.
The son of a Toronto senior who lost $8,000 in what he calls a “letter-for-letter” example of the so-called "grandparent scam" said RBC bank should have seen the warning signs and stopped the withdrawal.
“You will receive an unexpected phone call from someone claiming to be a relative. They tell you they are in a crisis and need your help. They need your money,” Insp. Paul Rinkoff says in a video published by the Toronto Police Service.
What happens after vigilance fails and scammers capitalize in on a senior’s good nature? This is how Canadian banks are responding to the 'grandparent scam.'