Social Security Protects Your InvestmentReading Time: 2 Minutes
Last Updated: August 19, 2021
We provide benefits to about one-fifth of the American population and help protect workers, children, people with disabilities, and the elderly.
One of our most important responsibilities is to protect the hard-earned money you pay into Social Security, which is why we have zero tolerance for fraud. We take fraud claims seriously and investigate them thoroughly. We respond quickly and decisively to prevent and detect fraud. For example, we monitor transactions to identify actions that demonstrate an intent to defraud the American people. We will continue to innovate and develop anti-fraud initiatives because any level of fraud is unacceptable.
Our Public Service Announcement provides information to help you understand the ongoing nationwide telephone scam.* The video features a message from our Commissioner, Andrew Saul. Along with our Office of the Inspector General, we continue to receive reports about fraudulent phone calls, text messages, and emails. The callers falsely claim that they are government employees. Scammers play on emotions like fear to convince you to provide personal information or money in cash, wire transfers, or gift cards. Fraudsters also email fake documents to get you to comply with their demands.
“I want every American to know that if a suspicious caller states there is a problem with their Social Security number or account, they should hang up and never give the caller money or personal information. People should then go online to report the scam call to Social Security,” said Commissioner Saul. You can report these scams to our Office of the Inspector General.
Learn how to protect yourself and report any suspicious calls or emails right away. If you have been a victim of one of these scams, please do not be embarrassed. Instead, report the fraud to our Office of the Inspector General so we can stop these scammers and protect others. Please share our new Public Service Announcement video with your friends and family on our YouTube page.*
You can also share our publication, Social Security Protects Your Investment.
*Note: This video is no longer available.