jetcityimage / iStock.com
The Supplemental Nutrition Assistance Program (SNAP) — the largest federal nutrition assistance program, which provides benefits to eligible low-income individuals and families via an Electronic Benefits Transfer (EBT) card — has been subject to several scams.
Food Stamps Schedule: When Can I Anticipate October 2022 SNAP Payments?
See Why: This Credit Score Mistake Could Be Costing Millions of Americans
Indeed, just like any other debit or credit cards, these cards are not immune to fraudsters. Now, authorities are warning Americans to be cautious and on the lookout for several of these scams.
“Targeting the vulnerable exposes the worst in humanity,” said Rafal Los, head of services GTM at cybersecurity company ExtraHop. “Digitization of financial services brings both a benefit to recipients but creates opportunity for criminals. In this case, those who need it most have the most to lose. The challenge is building awareness and educating a vulnerable segment of the population that doesn’t typically have consistent access to technology.”
