Senior citizens are often targets of Social Security scams. And, according to the Better Business Bureau, the rates of such scams have been rapidly increasing throughout the country. In fact, the article reports that the Social Security Administration Inspector General told Congress that the rate of fraudulent Social Security calls “increased exponentially between May and August 2020.”
Unfortunately, reports have confirmed that scammers are using more advanced techniques. Scammers are using official information, real employee names, and fabricated federal badges to convince targets they’re legitimate.
To fight against Social Security scams, the article recommends following a few guidelines. These guidelines include:
- Evaluating the first contact. It is unlikely government agencies will contact individuals via phone, email, or text message. Rather, they are more likely to use postal mail.
- Do not trust any given names. Many agencies have their employees’ names online. Unfortunately, this allows scammers to use them to establish credibility. Additionally, be wary of badge numbers; these are easily fabricated.
- Don’t get pressured into anything. The article relays that a common tactic for scammers is to use scare tactics to help convince their targets to pay.
- Spread the word. Make sure to let others know of any scams you may come across. And be sure to report it to the appropriate agency.
Senior citizens face more than enough financial insecurity even without being targeted by scammers.
Luckily, Senior Security Alliance is working to change this. Our bill, The Senior Citizens Bill of Rights, is a groundbreaking piece of legislation that will create more financial stability for all senior citizens. Learn more about how our bill can help by reading through this helpful guide.