INDIANAPOLIS— The Federal Trade Commission has issued a warning about a new twist on a growing scam.
In this phone scam, the caller claims to be from the Social Security Administration and says your benefits will end. The Federal Trade Commission says the real Social Security Administration will never call to threaten your benefits.
If you get a call like this, do not press 1. Instead, just hang up and remember your Social Security number is not about to be suspended.
Social Security related phone scams are the number one scam reported to the FTC right now.
People filed nearly 73,000 reports about Social Security imposters in the first six months of 2019, with reported losses of $17 million, records show.