Scams Stole Estimated $33.5 Million from Beneficiaries Over 5-Year Span

scams
Photo courtesy of Pixabay.

Social Security beneficiaries have been a favorite target for identity thieves. In fact, the Social Security’s Office of Inspector General estimates that these scams stole $33.5 million in benefit payments over a span of five years.

According to this article, these scams are sophisticated, allowing scammers to “move the money around quickly” once it’s received. In some cases, this leads to the victims being left without money for essential bills, like rent.

One great way to ensure your account is protected is to make a Social Security account online. This account allows for fast, reliable information on payments and claimant status.

We at the Senior Security Alliance want to help protect you from these fraudsters by knowing the warning signs and what you can do to keep your information safe. Follow us on Facebook and Twitter to stay informed.

Leave a Reply