Central Kentucky Bureau
NICHOLASVILLE — Police warned residents Friday about a telephone scam involving past-due loans.
During the calls, residents are told to send money to get current on a loan.
“The caller will try to convince you that you can avoid defaulting on your loan by sending the payment to their processing center immediately,” Nicholasville police said in a release. “This is an old scam and unfortunately it is still used today.”
Police said the targets tend to be elderly people who might be intimidated by callers. The scam uses a “private listing” phone to prevent people from seeing the number from which the call originates.
Police reminded residents never to give personal information over the phone, especially when you did not place the call.
If you have received a call of this type, call Nicholasville police at (859) 885-9467.
It’s saddening to read that this old scam still works with a lot of our senior population. Unfortunately, it did happen to my co-worker’s father who lost 10,000 in funds because he was told he was going to be the recipient of an even bigger payout in excess of 100,000 USD. Of course that didn’t pan through once they got a hold of his money. They literally vanished. He could have just called a number of people and/or places of business that he’s associated with and gotten the response NOT to pursue this “business” transaction.
This is really worrisome. Any updates on this issue?