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Scam: Medicare scheme took millions from seniors

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A federal court shut down a Medicare scheme that stole millions of dollars from seniors at the request of the Federal Trade Commission. The scammers called Medicare beneficiaries and told them they were part of Medicare and that they were providing them with new Medicare cards or information about Medicare benefits.  Many of their victims were on the National Do Not Call Registry.  They then coerced the seniors for personal information such as bank account numbers.

Several weeks after the call, the beneficiaries discovered that their bank accounts had been charged $399 or $448 via remotely created checks (RCCs), a type of consumer check with your bank account on it but a signature disclaimer in the signature blank. Some consumers who had not been contacted also had their accounts debited. Here’s more information on the scam.

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