Another scam aimed at seniors. This one involves Social Security. It’s almost believable, so you need to be extra careful. What the scammers want is to steal your money.
This is how it works: Someone will call and pretend to be from the Social Security Administration. You’ll be told that you’re about to get an increase in your benefits. The scammers ask you to verify all your personal information. After all, they say, “you do want to get your extra benefits, right?
You’ll be asked for your date of birth, Social Security number, banking information and more. Armed with all this personal data, it’s easy for the thieves to have your money directed to them at a new address or bank account for direct deposit. Until your benefits don’t show up, you’ll never know that something has happened to your money.
Something to remember if you get a call that’s supposedly from Social Security: They already have all your information. It’s not likely that Social Security will ever call you anyway, but if they do, there’s no need to tell them anything.
If you ever have questions about whether a call is legitimate, be safe: hang up immediately. Then call Social Security at 800-772-1213 and ask if someone there just called for any reason. If the answer is no, make a report with the Inspector General fraud office at 800-269-0271.
Remember that this year you’ll start getting new Medicare cards that won’t have your Social Security number as the identifier. The card will come in the mail; you don’t have to do a thing. For more information about changes to your Medicare card go to go.medicare.gov/newcard.
Conclusion: No matter your circumstances, if you get a call or email asking for your money or personal information – stop. Don’t wire money. Just hang up.