Close Menu
Think Money Wise
  • HOME
  • BANK
    • BUDGET
  • BONDS
  • INVESTEMENT
  • FINANCE
    • MICROFINANCE
  • RETIREMENT
  • STOCKS
  • TAX PLANNING
What's Hot

Bond Economics: Postal Savings Banks

April 3, 2026

When Payrolls Matter Most | EI Blog

April 3, 2026

The Greens, antisemitism and antiZionism

April 3, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Think Money Wise
  • HOME
  • BANK
    • BUDGET
  • BONDS
  • INVESTEMENT
  • FINANCE
    • MICROFINANCE
  • RETIREMENT
  • STOCKS
  • TAX PLANNING
Think Money Wise
Home»RETIREMENT»FRAUD ALERT: Phone Scammers Targeting Medicare Beneficiaries
RETIREMENT

FRAUD ALERT: Phone Scammers Targeting Medicare Beneficiaries

Editorial teamBy Editorial teamJuly 30, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
FRAUD ALERT: Phone Scammers Targeting Medicare Beneficiaries
Share
Facebook Twitter LinkedIn Pinterest Email


July 28, 2025

FRAUD ALERT: Phone Scammers Targeting Medicare Beneficiaries

Law enforcement officials and the Federal Trade Commission are warning about a new Medicare fraud scheme targeting seniors. Scammers are exploiting recent changes to Social Security and Medicare—introduced by Elon Musk’s Department of Government Efficiency—to trick beneficiaries and defraud the Medicare system.

Posing as employees from the Centers for Medicare & Medicaid Services (CMS), scammers are calling seniors and claiming they need to “update” or “verify” personal information. But these calls are not legitimate. The scammers are collecting Medicare numbers and other sensitive information to submit fraudulent claims for medical equipment or medication, pocketing the reimbursements.

It’s important to know: CMS will never call you unless you’ve contacted them first. They are not issuing new Medicare cards. If you receive a call claiming you need to verify your Medicare number or are being issued a new card, it’s a scam.

“As long as older adults keep their Medicare information private and avoid phone calls asking for these details, they should not have to worry about being taken advantage of,” said Alliance President Robert Roach, Jr. “Make sure to stay on high alert and protect your Medicare card and number as if it was a credit card.”

If you believe your Medicare number has been compromised or want to report a suspicious call, contact Medicare directly at 1-800-MEDICARE (1-800-633-4227).

This was originally published in the July 25, 2025 edition of the Friday Alert. Read the full length version and see other Friday Alert editions here.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
hinafazil44
Editorial team
  • Website

Related Posts

Why tax season is turning into a debt trap for Canadians (and how to avoid it)

April 3, 2026

KFF Health News: State Lawmakers Seek Restraints on Wage Garnishment for Medical Debt

April 1, 2026

How Many Workers Could Alter Overtime Work Due to the OBBBA? – Center for Retirement Research

March 31, 2026
Leave A Reply Cancel Reply

Top Posts

Bond Economics: Postal Savings Banks

April 3, 2026

When Payrolls Matter Most | EI Blog

April 3, 2026

The Greens, antisemitism and antiZionism

April 3, 2026

Why tax season is turning into a debt trap for Canadians (and how to avoid it)

April 3, 2026

Subscribe to Updates

Please enable JavaScript in your browser to complete this form.
Loading
About Us

Welcome to Think Money Wise, your trusted source for practical financial insights, money management tips, and strategies to build a secure and informed financial future. Our mission is to simplify financial knowledge and empower you to make informed decisions about saving, investing, and managing your money with confidence.

Top Posts

Bond Economics: Postal Savings Banks

April 3, 2026

When Payrolls Matter Most | EI Blog

April 3, 2026

The Greens, antisemitism and antiZionism

April 3, 2026
Subscribe to Updates

Please enable JavaScript in your browser to complete this form.
Loading
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Copyright © 2026 Thinkmoneywise. All Right Reserved

Type above and press Enter to search. Press Esc to cancel.