Stimulus Check Scams Have Begun
The FBI has issued a warning regarding stimulus check scams that have sprung up since Congress passed its one trillion dollar relief package last week. Identity and personal information thieves will undoubtedly come up with several ways to try and get your money in the coming months. One scam, in particular, is going full force now.
Here’s How It Operates
A scammer will phone, email, or text you with a promise of speeding up your payment, or loaning you the $1200 allocation in advance so you can receive it sooner. He will request personal and financial information to make this happen.
The scammer then uses the information you provide to either steal your identity or divert your stimulus check to his account.
If you’re eligible for relief, you do not need to make any upfront payment or pay a fee to receive your stimulus check.
People who file tax returns electronically and provide the IRS with their bank information will likely get their payments earlier through direct deposit. Paper checks will take longer to mail out.
You should receive a notice by mail no later than 15 days after your payment is distributed, detailing the amount and how it was sent, along with an IRS phone number to call if the funds fail to arrive.
Americans who make under $100,000 annually will receive up to $1,200.
So be careful with any online or phone messages regarding your stimulus check. It isn’t likely the government will contact you using either method. Patience, in this instance, will pay off in the long run. Pun intended!