Inflation repayment texts are the latest scam. This is what they look like

If you receive a text message promising reimbursement for your inflation-related expenses, you’re probably the victim of a scam.

According to Bleeping Computer, New Yorkers are receiving text messages from a number that said this is the Ministry of Taxes and Finance. The text message writer claims the recipient is eligible for “inflation refunds” and asks for personal and financial data – a major red flag.

Remember: the US government will never send you a text like this, nor will your state or local tax authorities.

However, it is true that some New Yorkers are obtain inflation refunds from the State Department of Taxation and Finance. According to the department, some taxpayers are eligible for a one-time inflation rebate check if they filed certain tax forms in 2023, reported income below the eligibility thresholds and were not claimed as dependents on another taxpayer’s return. If they meet the criteria, they can receive a check for $150 to $400 to compensate them for inflated sales tax payments, mailed directly to them.

However, even if you qualify for the state’s “first-ever inflation rebate checks,” the Department of Taxation and Finance will ask you to do so. not text you.

“The Department of Taxation is not contacting taxpayers regarding the New York State inflation rebate check,” the Department of Taxation and Finance said in a statement posted on its website. “You make not must provide us with additional information to receive a check. If you are contacted about the inflation rebate check by someone purportedly from the Department of Taxation, report it.”

You can report these SMS messages by telephone or email.

“New Yorkers do not need to do anything to receive an inflation rebate check beyond meeting the eligibility requirements,” Gov. Kathy Hochul said in a statement in response to the fraudulent texts. “With scams targeting the state’s inflation rebate initiative, let me be clear: The Tax Department and the IRS do not call or text individuals to obtain personal information. My administration urges New Yorkers to remain vigilant and report these scams to the Tax Department to protect yourself from being a victim.”

As with paid text message scams, Indeed text message scams, and crypto text message scams, the cybercriminals responsible often use scare tactics to create a false sense of urgency.

If in doubt, contact your state government for more information; never respond to SMS messages suspected of being fraudulent.