: The Federal Reserve only holds accounts for banks and government agencies, not individuals.
: These scams are designed to trick you into revealing your SSN so fraudsters can steal your identity and open real credit lines in your name. When You ARE Asked for Your SSN During a Purchase
While you cannot spend your SSN, legitimate businesses may ask for it during certain high-stakes transactions: Identity Theft and Your Social Security Number
: The Federal Reserve only holds accounts for banks and government agencies, not individuals.
: These scams are designed to trick you into revealing your SSN so fraudsters can steal your identity and open real credit lines in your name. When You ARE Asked for Your SSN During a Purchase
While you cannot spend your SSN, legitimate businesses may ask for it during certain high-stakes transactions: Identity Theft and Your Social Security Number