Schumer Warns Of Social Security Scam
ALBANY, NY (WENY)---New York's senior senator is warning senior citizens of a new scam on social security.
Senator Charles Schumer says scammers are stealing thousands of senior citizens' social security payments, often with just one phone call.
As of August, the senator says, there have been more than 19,000 reports of attempted identify thefts. That's about 50 each day.
The payments are directly deposited into private bank accounts. Scammers divert payments by obtaining account information, then making a phone call to reroute the money to their own accounts.
The New York Democrat is urging the federal Social Security Administration to take safety measures to curb the fraud.