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Beware: Hochul Warns of Inflation-Refund Scam Threats

9/29/2025

50 9 Full Breakdown

Summary

Story summary

New York Governor Kathy Hochul warns residents about inflation-refund scams.
Fraud messages claim taxpayers must share personal information to receive checks.
New York State Tax Department and Internal Revenue Service do not request personal data via calls or texts.
No action is needed. Rebates will be mailed to over 8 million households; joint filers earning $150,000 or less receive $400.

History

Historical Context

The 2008 financial crisis prompted the U.S. government to implement significant measures, including the Federal Reserve's near-zero interest rates and the $700 billion Troubled Asset Relief Program. Today, as over 8 million New York households prepare to receive $400 rebates, vigilance against scams exploiting inflation-refund measures is essential, echoing past frauds during economic downturns.

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Story summary

New York Governor Kathy Hochul warns residents about inflation-refund scams.
Fraud messages claim taxpayers must share personal information to receive checks.
New York State Tax Department and Internal Revenue Service do not request personal data via calls or texts.
No action is needed. Rebates will be mailed to over 8 million households; joint filers earning $150,000 or less receive $400.

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