"There are banking scams, Social Security scams, and scams aimed at retirees searching for a work-from-home job. The thieves behind these scams will do whatever they can to separate you from your personal identity and money. Scammers are particularly interested in contacting seniors because they assume retirees have the most money to steal. They want your money, whether it's your Social Security benefits, pension, or retirement plan."
"Keep in mind: It's not always easy to realize you're being scammed . Scammers create fake company websites or clone real websites. They even create documents that look exactly like real tax, personal information, and banking deposit forms. They can come off as professional and sincere and lull you into believing they have a legitimate job to offer. Here are some of the most common work-from-home scams and how to avoid them."
Retirees are frequent targets for scams that seek banking information, Social Security benefits, pensions, and retirement accounts. Scammers use fake or cloned company websites and forged tax, banking, and personal information forms to appear professional and trustworthy. Common schemes include work-from-home offers that request photos of driver's licenses, bank account numbers, Social Security numbers, and home addresses during onboarding. Providing those details enables identity theft, drained savings, unauthorized credit accounts, and fraudulent loans. Vigilance, verification of employers, and refusing to share sensitive information until legitimacy is confirmed reduce the risk of losing money and personal identity.
Read at The Motley Fool
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