Author Topic: FTC Issue PSA on Social Security Number Scams  (Read 1110 times)

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Offline Antus67

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FTC Issue PSA on Social Security Number Scams
« on: March 07, 2019, 12:31:10 PM »
By Ionut Ilascu

Scammers pretending to be employees of the Social Security Administrations (SSA) have caused last year losses of at least $16.6 million.

Reports of the SSA scam have skyrocketed last year, records from the US Federal Trade Commission showing that there were over 63,000 reports of this particular fraud since January 2018.

This is almost 20 times more than the reports recorded in 2017 when 3,200 people called about the SSA voice phishing (vishing). That year, the money losses were close to $210,000.

Even if the latest official statistics are worrying, the actual numbers are likely higher because not all the victims register a complaint.

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