FTC warns of growing Social Security scam

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Hans Neesantoes
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FTC warns of growing Social Security scam

Post: # 642Post Hans Neesantoes »

The Federal Trade Commission issued a warning Dec. 27 concerning a Social Security scam that has begun to "grow exponentially."

According to an FTA news release, over 35,000 people have reported Social Security scams this year, with total losses around $10 million. Scammers often pretend to be the Social Security Administration.

Jennifer Leach, acting associate director for the FTC Division of Consumer and Business Education, stated in the release that scammers often claim that a Social Security number is suspended because of criminal activity.

"Sometimes, he’ll say your bank account is about to be seized – but he’ll tell you what to do to keep it safe," she stated. "Often, that involves putting your money on gift cards and giving him the codes – which, of course, means that your money is gone."

The release also stated that some scammers can mimic the real SSA phone number (1-800-772-1213) on someone's caller ID, however it is not the SSA.
https://www.news-herald.com/news/ftc-wa ... b1d5f.html

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