Reported losses from social security scams soar

Aarp

Reported losses from social security scams soar"


Play all audios:

    

Social Security scams have intensified in the past two months, with 36,000 consumer complaints to the Federal Trade Commission (FTC) and reported losses of $6.7 million in these two months


alone, eclipsing complaints from Internal Revenue Service (IRS) scams. In total, 76,000 Social Security scam complaints have flooded the FTC with reported losses of $19 million in the past


year.  According to the FTC, only 3.4 percent of those who report a Social Security scam say they have lost money; most are concerned that the scammer has their Social Security number, which


could lead to identity theft. However, when victims do lose money, it’s considerable. The median individual reported loss last year was $1,500, four times the median individual loss for all


types of fraud. Both older and younger adults file loss reports at similar rates. Amy Nofziger, director of fraud victim services for AARP’s Fraud Watch Network, says 94 percent of calls to


the organization’s Helpline concern Social Security scams. Scammers use robocalls to reach consumers by phone, requesting that they “press 1” to speak to a government “support


representative” to help reactivate their Social Security number. Or, in a caller ID spoofing scam, the telephone number 800-269-0271 flashes on the screen. It’s the Social Security


Administration’s OIG (Office of the Inspector General) Fraud Hotline phone number being used to convince you to answer a call that is really from fraudsters. SSA employees occasionally


contact people by telephone for customer-service issues. If you have business pending with the SSA, for example, an employee may telephone you and request that you confirm personal


information. Be cautious. SSA employees will never threaten you to obtain information or promise benefits in exchange for information from you, according to an SSA spokesperson. Generally,


agency notifications are sent by postal mail or email, if you have created a “my Social Security” account online. Contact SSA at 800-772-1213 to determine if the agency is, in fact, trying


to reach you and why. Meanwhile, keep your Social Security number confidential. The best approach to avoid scammers is not to answer calls from unknown contacts, experts say. “That’s the


approach you should continue to take,” says Andrew Cannarsa, a spokesman for the SSA OIG. “Just hang up and ignore these calls.” If you received what you suspect is an SSA impostor phone


call and you interacted with the caller, providing personal information or money, report that information to the SSA OIG online at https://oig.ssa.gov/report. If possible, provide the phone


number the fraudster asked you to call, the information you offered, and the amount of money you provided to the caller.


Trending News

Don the Beachcomber helped launch wave of Polynesian restaurants

Nobody knows why Ernest Raymond Beaumont Gantt decided to call his restaurant Don the Beachcomber.Maybe he just thought ...

Rep. Ilhan omar tells california audience that trump’s anti-islam remarks inspire attacks like new zealand shooting

Rep. Ilhan Omar of Minnesota, one of the first two Muslim women in Congress, accused President Trump on Saturday of inci...

Mmr catchup programme: diagnosis, case management, and advice

Guidance MMR CATCHUP PROGRAMME: DIAGNOSIS, CASE MANAGEMENT, AND ADVICE How to confirm a measles diagnosis, manage cases ...

Music review: the love language by ruby red

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free _Mother Jones Daily_. THE...

Political cartoon U.S. Abraham Lincoln Trump tweets

HomePolitical CartoonsPolitical cartoon U.S. Abraham Lincoln Trump tweets Newsletter sign upNewsletter(Image credit: Jo...

Latests News

Reported losses from social security scams soar

Social Security scams have intensified in the past two months, with 36,000 consumer complaints to the Federal Trade Comm...

AEROSPACE - Los Angeles Times

Cordant Technologies Inc., which makes booster rockets for the space shuttle, said its Huck International unit will cut ...

Spain weather maps turn volcanic red as tourist hotspot roasted by 35c heatwave

Spain is poised to swelter under temperatures exceeding 34C as Brits plan their half-term holidays next week. Fresh weat...

Madoff victims set to get compensation

APThe West Australian A federal judge has cleared the way for investors who lost $US1.2 billion ($A1.15 billion) to Wall...

Dr. Dre, mega-producer jimmy iovine tell usc applicants they're in

When high school senior Sarah Allen checked her email after lacrosse practice on Thursday, she saw an email from USC wit...

Top