Another Round of Stimulus Payments: Another Round of Scams

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January 6, 2021 by Lisa Brammer

When I was a kid one of the first lessons my dad taught me about money was this. He said, “You gotta be careful, there are a lot of people out there who will do anything to separate you from your money.” 

It was good advice in the ‘60s, even better in the 90s and excellent today. Talk about standing the test of time! Sadly, today there are many, many more ways people can try to separate you from your money. And right now they have their sites on your stimulus payment.  

I recently read a blog by the Federal Trade Commission called “More money from the government?” that warned us of some of the scams that might be coming our way with this new payment.

Please know the government won’t ask you to pay anything upfront to get your payment.  That’s a scam! The government also won’t call, text, email or contact you on social media to ask for your Social Security number, bank account numbers or credit card information . There is no such thing as getting your money earlier or faster. If someone promises you this, look to see if their pants are on fire because they are lying.

I’ve also seen other warnings about a letter you might receive from the IRS saying they’ve discovered a refund you are eligible to receive if you fill out a form with your personal information. This letter looks official, but it is not from the IRS. It’s another scam. 

Please use extreme caution whenever you receive any type of correspondence regarding your stimulus payment. My bet it’s from one of those tricksters my dad warned me about. 

If someone approaches you with any of these tactics, know they are trying you separate you from your money and warn your friends and family. If they’ve contacted you, they might go after them next.  You can also try to stop them by contacting the FTC at : Reportfraud.ftc.gov. 

United Credit Service is a full service, licensed revenue cycle management and debt collection agency in Wisconsin providing effective, customized one on one management and recovery solutions for our business partners. Visit our website: http://www.unitedcreditservice.com or call 877-723-2902.

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