The $600 Payment & COLA Scams Gain Traction. Experts Warn Watch Out. - AMAC & Yahoo Finance

Social Security scams are hardly new, though the level of sophistication is increasing. Jason Collins reports that the Social Security Administration (SSA) is coming out swinging on the latest one time $600 payment scheme. He notes the agency was receiving around 463,000 calls per day about these fake benefit increases. The SSA also warned citizens to be extra vigilant of scammers trying to gain access to their Social Security details in exchange for a COLA increase. This scam has gained so much traction because the SSA issues the COLA annually, so many may assume it is correct. Full article here

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers