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❓ASK Why is the Social Security Administration scam the number one scam reported to the FTC right now?

S

Sparsh6050

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The Social Security Administration (SSA) scam is the number one scam reported to the Federal Trade Commission (FTC) currently because scammers are using the SSA's name and reputation to trick people into giving away personal information or money. They may call or send text messages claiming to be from the SSA and tell people that their Social Security number has been suspended or compromised, and that they need to verify their information or pay a fee to reactivate it. Some scammers may also claim to be from the SSA's Office of Inspector General, and tell people that they are eligible for a special benefit or a lump-sum payment. Since Social Security is a government program that many people rely on for retirement benefits, scammers are able to take advantage of people's trust in the SSA to commit fraud.
 
There are many cases of people being tricked into given out their SSN. The recent case involving a Nigerian, Hushpuppi, who defrauded the Americans of their money during the COVID 19 having got to know their SSNs.
 

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