As you know, the government will be sending out stimulus checks to aid with the Coronavirus pandemic’s effect on the nation. As with most things involving money, you’ll often find scammers not too far behind who are looking for a way to take yours. Don’t become a victim!
Here are a few ways to protect your stimulus check from a fraudster:
You don’t need to do anything. As long as you filed taxes for 2018 and/or 2019, the federal government has the information it needs to send your money. If you haven’t filed taxes recently, you’ll need to submit a simple tax return to get your check. Who is eligible to receive a stimulus check? Get more information here.
Don’t give anyone your personal information to get your relief check. There is absolutely nothing to sign up for. Anyone calling to ask for your personal information such as your Social Security Number, PayPal account, or bank information is a scammer. Also be on the lookout for email phishing scams, where the fraudsters pretend to be from the government and ask for your information – stating that it’s part of the enrollment process for the checks.
To set up direct deposit of your check, communicate only with the IRS at irs.gov/coronavirus. You will only need to do this if you didn’t give the IRS your bank information on your 2018 or 2019 tax return. Otherwise, you will receive a check in the mail from the U.S. Treasury. The IRS also has an online form available through irs.gov/coronavirus. This is the only place to legitimately update your information – the IRS will never email, text, contact you through social media, or call you.
There is no early access to this money, and anyone who claims to get it to you earlier is a scammer. It looks like funds will start going out very soon. Scammers are using the lack of detail to try to trick people into giving out their personal information and stealing their money.
You will not be contacted through Facebook and there is no special grant to pay medical bills. Some older individuals reported they were contacted through Facebook about a special grant to pay medical bills called U.S. Emergency Grants Federation, and were asked to provide their SSNs. Some were also told they could receive up to $150,000 when a processing fee is paid. This is a bogus website and grant. The only official list of all U.S. federal grant-making agencies can be found at www.grants.gov
Article Sources: https://www.consumer.ftc.gov/blog/2020/04/want-get-your-coronavirus-relief-check-scammers-do-too?utm_source=govdelivery and CUNA Mutual Risk Alert from 3.31.2020