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Home Personal Finance

New Social Security scam

by Investor News Today
November 19, 2025
in Personal Finance
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New Social Security scam
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Halfpoint Pictures | Second | Getty Pictures

A brand new “excessive strain” rip-off seeks to persuade people that their Social Safety numbers could also be suspended resulting from legal actions, in accordance with a new warning.

“Remember! It is a scam!” the Workplace of the Inspector Common for the Social Safety Administration stated in a current alert.

The scheme includes emails despatched with the topic line, “Alert: Social Safety Account Points Detected.” An attachment with pretend letterhead purporting to characterize the SSA OIG warns recipients that their Social Safety quantity could also be suspended inside 24 hours and that their case could also be referred for legal prosecution.

The schemes usually use scare techniques to dupe victims into handing over their cash, akin to flagging suspicious exercise on accounts, claiming private info is getting used to commit crimes, or alleging on-line accounts or different private gadgets have been hacked.

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When recipients of the fraudulent emails name the cellphone quantity offered, they might encounter somebody impersonating a Social Safety Administration worker who typically even makes use of a federal employee’s actual title. Alternatively, callers could also be directed to ship a textual content by way of an automatic message.

The SSA OIG, which gives unbiased oversight of the Social Safety Administration, is warning recipients to not share their private info in response to the notices.

“For those who get an sudden name, textual content, e-mail, letter, or social media message from SSA OIG or any authorities company, pause and suppose rip-off first,” Michelle L. Anderson, appearing inspector common, stated in a press release. “The particular person contacting you might not be who they declare to be.”     

Notably, the SSA OIG “won’t ever ship letters like this,” Anderson stated.

Older adults extra prone to report rip-off losses

Authorities imposter scams may purport to be from different businesses — the Social Safety Administration, IRS, Medicare or Federal Commerce Fee, for instance. Different schemes might declare to characterize well-known companies.

In 2024, customers reported shedding greater than $12.5 billion to fraud — a 25% enhance over the earlier yr, the Federal Commerce Fee reported in March.

Funding scams have been the commonest strategy to lose cash, with $5.7 billion in losses reported by customers in 2024, adopted by imposter scams, with $2.95 billion in losses.

Adults ages 60 and over are most probably to report losses of tens of hundreds or a whole lot of hundreds of {dollars} from scams, in accordance with the FTC. The variety of older adults who reported shedding $10,000 or extra to scams went up greater than 4 occasions from 2020 to 2024, the company reported in August. In those self same years, the variety of older adults who reported shedding greater than $100,000 jumped almost seven occasions.

Strengthen Your Defenses Against Financial Fraud

To keep away from turning into a sufferer, the FTC warns customers focused by a majority of these scams to not ship or switch cash to anybody.

The company additionally recommends independently verifying whether or not a cellphone quantity or web site is actual and speaking to somebody you recognize and belief earlier than transferring cash.

Blocking undesirable calls also can forestall scammers from contacting you within the first place, in accordance with the FTC.



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