Social Security Scammers Are Trying a New Trick
Millions of seniors depend on their Social Security payments to help them cover their monthly bills, so if that money were to get diverted into the hands of fraudsters, they'd be in big trouble. Unfortunately, retirees are among the most common targets of financial scams -- so much so that elder financial abuse has been called "the crime of the 21st century."
A recent warning from the Social Security Administration (SSA) further drives home this point. The agency is alerting beneficiaries that -- in addition to the previously common telephone scams -- criminals are now faking documents and emailing them to their targets. Such documents may appear to come from the SSA and may include its official letterhead, which isn't difficult to replicate. But complying with their instructions could result in a world of financial stress.
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Source Fool.com
