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Today, on National Slam the Scam Day, Silverwatch Academy joins the fight against a cunning crime: social security scams. These deceptive tactics target unsuspecting individuals, often seniors, and can lead to significant financial loss and emotional distress.
What is National Slam the Scam Day?
Observed annually on the Thursday of National Consumer Protection Week, National Slam the Scam Day raises awareness about government imposter scams, particularly those targeting Social Security recipients.
Why Should You Be Aware?
Social Security scams are prevalent and constantly evolving. Scammers may use phone calls, emails, texts, or even impersonate officials in person. They often create a sense of urgency or fear, pressuring you to divulge personal information or send money.
Common Social Security Scams:
- The “Your Benefits Are Suspended” Scam: Scammers claim your Social Security number (SSN) has been compromised or your benefits are suspended due to suspicious activity. They demand personal information or payment to rectify the situation.
- The “Change of Address” Scam: Scammers contact you claiming they need to update your Social Security address to keep receiving benefits. They may try to obtain your new address or other personal details.
- The “Grandparent Scam:” A scammer pretends to be a grandchild in trouble, needing immediate financial assistance.
How to Protect Yourself:
- Never give out your SSN or personal information over the phone or email.
- Social Security Administration will never threaten to suspend your benefits. They will always contact you by mail first.
- Don’t be pressured into making a quick decision. If a call or message sounds suspicious, hang up or delete it.
- Verify the caller’s identity: Contact the Social Security Administration directly using a phone number you know is correct (not one provided by the caller).
Silverwatch Academy stands with you!
Here at Silverwatch Academy, we are committed to empowering our community. We encourage you to share this information with loved ones, especially seniors, to help them stay safe.
Additional Resources:
- Social Security Administration Scam Alert: https://www.ssa.gov/fraud/
- National Consumer Protection Week: https://www.ftc.gov/
By working together, we can slam the door on social security scams. Sign up for our newsletter to stay updated!