11 Common Scams Targeting the Elderly

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2. Social Security Suspension Scams

Another common scam targeting seniors is called the ‘Social Security suspension scam.’ It is basically a call in which the caller, a.k.a. the scammer, informs you that your SS number has been suspended due to criminal activity (Ohh, the irony…).

The Federal Trade Commission warns retirees that, in most cases, the caller sounds very convincing and official. However, do not believe him/her and do not give scammers your personal information such as bank account details.

Stokes highlights that the Social Security Administration will not call you in order to tell you that your benefits are suspended. If this happens to you, do not engage. Instead, check ‘my Social Security account.’

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2 thoughts on “11 Common Scams Targeting the Elderly”

  1. Another scam is a call telling you your computer has a virus and they can get rid of it for you when indeed they are putting the virus in and charging you big bucks to get rid of it, then later calling you telling you they can’t fix it and is going to return your money. Instead they wind up taking more money.

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