New Social Security Benefits Scam

Identity thieves are targeting seniors in a new scam that's leaving some Social Security recipients short on cash. The thieves are getting their hands on personal information like a full name and bank account number.{} The crooks then fraudulently re-route the benefits to their own bank accounts and prepaid debit cards.

The scam is becoming popular just as the Social Security Administration prepares to switch all beneficiaries to direct deposit, instead of mailing paper checks.