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Treasury Department Warns of Phone Scams

The U.S. Department of the Treasury, in partnership with the Social Security Administration and Department of Veterans Affairs, has created a public service announcement (PSA) to raise awareness of scams and to help educate Americans on how to avoid becoming a victim of identity theft and fraud. In the message, SSA Commissioner Michael Astrue and VA Deputy Secretary Scott Gould recommend the following to keep your money safe:

1. Never give out your Social Security number or bank account information to anyone unless you initiated the contact.

2. Watch your bank accounts regularly to ensure all the activity is yours.

And remember, government agencies will NEVER contact you by phone, email or text, to ask you to provide sensitive information. If you are contacted, call your local police immediately. Visit StopFraud.gov to learn more.  To view the public service announcement video, visit the US Treasury Department website.