Don’t Fall for “Cost-of-Living” Scam
It didn’t take phishers long to come up with another angle to steal people’s money once the Social Security Administration (SSA) made it’s annual October announcement about the 2007 cost-of-living increase for Social Security recipients. Within three weeks, the scammers had a phony Web site set up and began sending out e-mail messages supposedly from the SSA to unsuspecting victims, with the subject line “Cost-of-Living for 2007 Update.”
The message provides information about a 3.3 percent benefit increase for 2007 and advises recipients to update their personal information by using the link to their SSA Web site look-alike. It warns that, if they don’t, the SSA will suspend their account indefinitely.
Once directed to the phony Web site, recipients are asked to register for a password and to confirm their identity with their Social Security number, credit union account information and credit card information.
Don’t be taken in by this phishing scam. You can be sure it is not from the SSA. It’s just another attempt by unscrupulous thieves trying to steal money from innocent victims.
Never give out your personal identification and account information in unsolicited e-mails and phone calls, and don’t follow unsolicited Web links received in e-mail messages.