HomeSocial WelfareWatch Out for Scam Artists Trying to Get Your New Economic Stimulus Payments
Watch Out for Scam Artists Trying to Get Your New Economic Stimulus Payments
February 20, 2009
There are nearly 55 million retirees that could fall prey to scam artists. Under the American Recovery & Reinvestment Act signed into law on February 17, 2009 by President Obama, recipients of Supplemental Income, Social Security Disability Insurance, Veterans pension, Railroad Retirement, or State retirement will get a one-time payment of $250.
Personal information is not required to be divulged in order to receive the payment. If you get a call asking for your personal information such as your social security number or bank account number reciprocate the inquiry by asking the caller for their information and/or for a phone number at which you can return their call. Those entitled are expected to receive their payments by late May 2009. No action is required on the part of a potential recipient to receive the payment.