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According to the Federal Trade Commission, the promise of a third stimulus check is the time crooks have been awaiting to steal money from unsuspecting victims.
The American Rescue Plan, authorized payments, of up to $1,400 per person. And through the end of 2021, the IRS is sending the payments to eligible households.
Most payments are issued automatically, based on recent tax return data or from an online tool for people who don’t file a return.
According to an alert issued by the FTC, scammers are sending bogus e-mails which look like that from IRS asking individuals to click a link to access a form that will help them to get a third Economic Impact Payment.
But if customers click those links the scammer could steal their money and personal information.
At times the criminals pretend to be from the Social Security Administration or other government agencies and threatened customers with the fear of missing out on a benefit if they do not share their personal or financial information or make payments.
During the pandemic close to 12,500 Americans have filed fraud reports and have lost about $17.6 million due to scams says the FTC data.
The tax agency reminds Americans that IRS doesn’t initiate contact by email, messages, or social media channels and they are not to share personal or financial information with anybody.
They warn residents to not open emails with attachments or links claiming to have special information about Economic Impact Payments or refunds.
Households just need to file a 2020 tax return at the earliest so the IRS will have time to process and issue their payment before the end of 2021 if you are eligible.
For trustworthy information, consumers should visit the IRS website directly.
Reference Source: CNBC
