Social Security Scam Resurfaces

News
Friday, September 24, 2010 - 9:12am

It's a call that could potentially cause you significant financial harm if you fall for what the man on the other end of the line cons you into, giving out your very private social security number.

Officials warn he's very convincing in persuading his victims to hand over this information. Leslie Young, a Social Security Administrator, says at no time will the Social Security Administration ever call a person to ask for their social security number, after all, they already have it.

 While the man is claiming that he needs the social security number to provide an increase for living expenses next month, Young says that's just not true, no increases is scheduled for beneficiaries. She stresses once a person hands out that private number, it opens them up for all sorts of fraudulent activity. The thief can open up new credit card and bank accounts under your name just by accessing your social security number.

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