Ask Terry Questions Elderly scamming

Elderly scamming

By Terry Savage on October 26, 2019 | Wild Card

My grandfather was scammed and is now in a class action lawsuit against western Union. If any money is returned to him from the lawsuit does he need to clam it as income

Terry Says

No, it will be considered a return of his own capital. I hope he lives long enough to collect!

money

ASK TERRY

a personal
finance question