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Attorney Renee C. Walsh

Watch Out for Scam Artists Trying to Get Your New Economic Stimulus Payments

There are nearly 55 million retirees that could fall prey to scam artists. Under the American Recovery & Reinvestment Act signed into law on February 17, 2009 by President Obama, recipients of Supplemental Income, Social Security Disability Insurance, Veterans pension, Railroad Retirement, or State retirement will get a one-time payment of $250.

Personal information is not required to be divulged in order to receive the payment. If you get a call asking for your personal information such as your social security number or bank account number reciprocate the inquiry by asking the caller for their information and/or for a phone number at which you can return their call. Those entitled are expected to receive their payments by late May 2009. No action is required on the part of a potential recipient to receive the payment.

Discussion:

  1. Dear Jillie:

    I do not know if your aunt is entitled to the payment, but she will get it if she is entitled and she does not have to do a thing.

  2. Help please. I was asked by my aunt to file her taxes. She recieves her own social security, and she recieves an allotment. The allotment is from her late husband’s retirement/pension from when he was in the Air Force.

    This is the only income she recieves at all.

    Is she entitled to this economic stimulus payment?

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