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Bottom Line: Social Security Scam

Updated: Friday, August 2 2013, 09:17 PM EDT
A new scam is surfacing, targeting seniors and their Social Security
payments.
        
It's a Bottom Line Alert that the scammers are stealing
those checks, and "re-routing" them using direct deposit.

Here's what CBS
6's Dori Marlin found out:

The Social Security Administration says the
bad guys are getting the seniors' names and bank account information, using a
fake lottery or sweepstakes.
        
The scammers then call the
Administration using the victims' name and account info, to have the payments
sent instead to another account - and that's how they steal the entire
payment.
        
U.S. Senator Chuck Schumer has asked the agency to start
notifying recipients, when their account info is changed - by e-mail, text,
letter or phone.

The Administration has not responded to his call yet,
but in the meantime, says it is investigating to try to put the scam to a
stop.Bottom Line: Social Security Scam


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