In the latest episode of Prove’s Fraudcast, I spoke with Mary Ann Miller, an expert in the fraud and identity space who has been featured by Bloomberg, Forbes, BBC News, NPR, American Banker, USA Today, and others, about the concerning rise in disability fraud, a scheme that is preventing some victims from accessing the benefits they need to survive.
Read an excerpt from our conversation below or watch the video for more insights on disability fraud and what consumers and companies should be on the lookout for:
Mary Ann: Simply put, this is a scam when a person uses your identity to apply for a disability claim to obtain benefits. A bad actor with your identity information and – sometimes – other falsifying documents goes online and completes the process. This fraud is being committed by very organized criminal gangs and is targeting professionals like doctors, lawyers, and even fraud executive leadership teams.
MA: First, if your employer asks if you applied for disability and you did not, do not panic. Simply tell your HR partner you did not apply, are a fraud victim, and would like to file a fraud report. Also, another important note for companies, make sure you are aware of this fraud increase and approach your employees with this information in mind.
MA: Disability claim fraud is increasing; it’s important for the government agencies to work closely with businesses and employees to understand if the spike in claims is related to fraud and ensure these victims of fraud are given the correct information to file fraud reports and ensure the matter is resolved.
To learn about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.
Trusted by 1,000+ leading companies to reduce fraud and improve consumer experiences. Contact us today to learn how you can frictionlessly secure your digital consumer journey — from onboarding to ongoing transactions.
Tap the button below to read our latest white-paper on the subject as industry leaders.
Contact us to learn how leading companies are using Prove Pre-Fill to modernize the account creation process by shaving off clicks and keystrokes that kill conversion.
Get in touch to find out how we can help you identify your customers at every stage of their journey and offer them seamless and secure experiences.
Let our expert team guide you through our identity verification and authentication solutions. Select a date and time that works for you.
Find out how we can help you deliver seamless and secure customer experiences that comply with PSD2/SCA. Select a date and time that works for you.
Download Aite-Novarica Group’s full report about Prove Pre-Fill, including a product overview, customer results, and how the product works.
Download the guide now to learn how you can improve security, cut down on fraud, and create the best possible customer experience.