Mar 10, 2024

Increase In Social Security Fraud

     From Newsweek:

The Social Security Administration (SSA) has issued a warning for Americans regarding scams that are stealing benefits from thousands of recipients each year. ...

According to the SSA's Office of the Inspector General, there was a 61.7 percent increase of reported scams between Q3 of the financial year in 2022 and the same period in 2023. In the former, just over 13,000 scams were reported, rising to 21,080 in the latter. ...

[T]hose under 50 were most likely to fall for scams ...


1 comment:

Jim said...

The New York Times also had a good article on March 9, 2024 revolving around fraud by re-directed payments.

The following link is a paywall-free link for the next 30 days:
https://www.nytimes.com/2024/03/09/business/social-security-scams.html?unlocked_article_code=1.bk0.8szu.LVdMmSI6K5yJ&smid=url-share