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The IRS Is Warning Retirees About Stimulus Check Scams. Here's What You Need to Know


As the IRS gears up to send coronavirus stimulus payments to millions of Americans, scammers are jumping into action.

The Federal Trade Commission has already received more than 14,000 complaints about COVID-19-related schemes, and the IRS is warning that everyone -- but especially seniors -- needs to be on the lookout for criminals preying on their confusion about economic impact payments. 

Scams can take many forms, from thieves calling or emailing and telling you to provide your bank information to fake checks that purport to be from the IRS. But no matter the form, there are a few key ways to protect yourself from falling victim to a dishonest actor. 

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Source Fool.com


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