The IRS and its Security Summit partners are warning people to be aware of a new text message scam. The thief’s goal is to trick people into revealing bank account information under the guise of receiving the $1,200 Economic Impact Payment.

Here’s how this scam works
People get a text message saying they have “received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment… Continue here to accept this payment …" The text includes a link to a phishing web address.

This fake link appears to come from a state agency or relief organization. It takes people to a fake website that looks like the IRS.gov Get My Payment website. If people visit the fake website and enter their personal and financial account information, the scammers collect it.

Here’s what people should do if they receive this message
Anyone who receives this scam text should take a screenshot and include the screenshot in an email to phishing@irs.gov with the following information:

• Date/time/time zone that they received the text message

• The phone number that received the text message

The IRS doesn’t send unsolicited texts or emails. The agency will never demand immediate payment using a gift card, prepaid debit card or wire transfer or threaten to have a taxpayer arrested. Want to learn more? Visit the Consumer Alerts page at IRS.gov.

Please also know that First South Financial will never call you or email you and ask you to provide your full Social Security Number, your debit or credit card account number, the code on the back of the card, or other pieces of sensitive information. If you receive a call or email like this, please contact us at 901-380-7400 or email us at mail@firstsouth.com. Stay safe online and visit our Online Security Tips and Tricks page to learn more.

First South Financial takes the safety and security of your personal information very seriously and have placed many procedures and safeguards in place to help prevent your information from being lost or stolen.

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