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Social Security Administration issues fraud warning

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The Social Security Administration is warning that schemers are impersonating government agents and stealing people's benefits. In a blog post July 19, the agency's Office of the Inspector General said people have been receiving calls from a number with a 323 area code. "The caller claims to be an [agency] employee, and in some instances, tells the victim that they are due a 1.7% cost-of-living adjustment (COLA) increase of their Social Security benefits," the post reads. The fraudsters attempt to "acquire personally identifiable information from victims to then edit the victims' direct deposit, address, and telephone information with [the agency]." money photo If the caller obtains the information, he or she can then use it to change the victim's account information—so the fraudster can rewire Social Security payments to his or her bank account, according to the agency. "Social Security employees occasionally contact citizens by telephone for customer-service purposes, but they will not request sensitive personal information from a citizen over the phone," according to the blog post. credit card photo The administration asks that anyone who receives a suspicious call to report it to the agency's Office of the Inspector General at 1-800-269-0271 or online. Social Security recipientsare common targets of foul play, and the agency recently cautioned the public about another other widespread scheme. In March, Acting Inspector General of Social Security, Gale Stallworth Stone, warned of a separate nationwide telephone scheme in which a recording impersonates a message from Inspector General investigators and asserts that the listener's Social Security benefits have been suspended. One such recording prompts the listener to call a number, and a person on the other line tells the caller that there's a warrant out for his or her arrest and demands payment. Written by Jackie Wattles for CNN.
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