I saved my sister from a Social Security scam. Listen to the actual call.

It’s a lie, but one that is so believable, last year victims were swindled out of nearly $45 million, with an average individual loss of $5,800, according to the Office of the Inspector General for the Social Security Administration. More than 700,000 complaints of Social Security-related telephone scams were filed in 2020. A suburban Chicago man pleaded guilty early this year to laundering cash from a scheme that defrauded elderly victims. The scam allegedly conned an elderly Massachusetts woman out of $900,000 that she was urged to transfer from her bank and retirement accounts.

Source: WP