Millions Stolen; Social Security Beneficiaries Targeted

elderly hands typing; Social Security beneficiaries targeted by scammers
Photo courtesy of Pixabay.

Unfortunately, Social Security beneficiaries are often targeted for elaborate, convincing scams. An article from ReadingEagle.com reported that the Social Security Administration reported over 718,000 complaints of telephone scams and a loss of $45 million stolen from victims across the country last year.

Luckily, we’ve previously noted some common things to be on the look out for. These include:

  • Unsolicited calls, texts, or emails
  • Offering protection from identity theft for transfer of money
  • Asking individuals not to tell others about the message
  • Demand for unique forms of payment like gift cards or cryptocurrency

Senior Security Alliance is working to protect seniors’ more financial security. Unfortunately, scammers are out there — and they are relentless. To protect yourself and your loved ones from becoming a victim of these scams, make sure to stay informed and remain vigilant. Anyone targeted should make sure to report the suspicious calls, emails, and/or messages to the appropriate agency.

Congress must pass The Senior Citizens Bill of Rights to guarantee seniors the respect and protection they earned.

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