I often hand you ways of making mounds of money so you can provide a happy and comfortable retirement for you and your spouse, but what happens when people try to take that money away from you?
Each day thousands of people are in danger of having their retirement savings stolen from right under their noses. Needless to say, retirement scams can literally ruin your life.
And this latest one might just be the worst yet, but I’m going to provide you with a single sentence that deters these horrible people, and keeps your money in your account where it belongs!
As our security in America consistently tightens, the professional scammers find ways to adapt and sidestep the new security features.
These scammers started off by stealing cash out of peoples’ wallets, then they moved onto unauthorized withdrawals from bank accounts.
When technology came along, and security tightened even more, they found a way to steal your credit card through various swiping methods.
Then technology gave these scammers the upper hand. They were able to scan your credit card information without the card ever leaving your pocket.
They’re very smart individuals, but this latest retirement scam has to be the worst I’ve seen… PLUS, it’s extremely illegal!
But once your money is gone, it’s gone for good.
That’s why I’m here to protect you against these thieves, so they leave you and your money alone.
The latest retirement scam comes in the form of these scammers pretending to work for the Social Security Administration.
They’ve been calling people on the phone, and taking all their money in the blink of an eye.
You might have even had one of these phone calls recently.
According to the AARP Fraud Network, there’s a very specific way of identifying these fraud phone calls:
- The calls usually come from a “323” area code. Please note: The Social Security Administration headquarters is located in Maryland and has a toll-free “1-800” number.
- The caller says he or she is from the Social Security Administration.
- The caller will say something along the lines of: “You’re due a cost-of-living adjustment increase in your social security benefit.”
- The caller will then try to “verify” your social security number, name, date of birth, and other personal information (most of which they can retrieve from a simple internet search).
- If the scammer succeeds, they can then make changes to your direct-deposit, address, and phone number on file with the real Social Security Administration.
I know, this all sounds terrifying, but there’s literally one sentence that will stop these scammers in their tracks…
“Please send a letter.”
I know, it seems so simple, and they will push you for that information if they get you on the phone, but when it comes to anything related to your private information, you should always request a letter.
By doing this, the scammer will be turned off and then move onto the next person.
Government agencies will use letters to contact you about this kind of stuff, and if they don’t, they should be happy to do so upon request.
Don’t get caught up in this latest retirement scam…
Remember, all it takes to protect yourself is the single sentence: “Please send a letter.”