PHILADELPHIA (KYW Newsradio) — Stimulus checks are expected to be deposited right into Americans’ bank accounts this week, but authorities warn the public to watch out for scammers who may try to virtually pickpocket your information.
The IRS will deposit the check directly into the bank account you used to file your 2018 or 2019 taxes — but some, like the elderly, who are less likely to use the e-file system, still may get a check in the mail.
Paper checks should have a full dollar amount. Officials say if you get a check in the mail that appears to be from the IRS but is for an odd dollar amount, like cents, it is likely a scam.
If you do receive a check in the mail, you can just deposit it — you do not need to call a number to do so. Authorities say some scammers may try to get you to sign over a check or falsely verify personal identification numbers — none of which are necessary for these federal funds.
If you get a text, email or phone call saying you have to hand over your Social Security number, PayPal account, or debit or credit card information, authorities say it’s a scam.
If you suspect you may be a victim of a scam or relevant fraud, call the IRS or local federal authorities.
For more information on the coronavirus' impact on the economy and what that means for you, visit KYW Newsradio's Unemployment Resource Hub.