25 Canadians Charged in $21M 'Grandparent Scam' Targeting Elderly Americans
The alleged cross-border scheme used fear tactics and advanced technology to defraud seniors in 46 U.S. states over three years.
- U.S. authorities have charged 25 Canadian nationals with wire fraud in connection to a 'grandparent scam' that defrauded elderly Americans of over $21 million between 2021 and 2024.
- The operation, based in Montreal-area call centers, allegedly involved impersonating relatives in distress and coercing victims into providing bail money under false pretenses.
- Scammers used voice-over-internet technology to mask their phone numbers, cryptocurrency to launder funds, and ride-hailing services to collect money from victims’ homes.
- Twenty-three suspects were arrested in Canada, while two remain at large; five defendants face additional charges of money laundering and could face up to 40 years in prison if convicted.
- Law enforcement from the U.S. and Canada, including the RCMP and Sûreté du Québec, collaborated to dismantle the network, which targeted victims in 46 states.