Is routing number 124085024 a scam?
Yes it is a scam.
Please visit the Related Question for more information.
What if you got caught up in a scam with the federal routing number and the number on back of your social security card?
There is no routing number; this is just another internet scam. Supposedly, if you use this number, President Obama will pay your bills. Actually though, it's a fraud: what will really happen is that thieves will steal your identity and access your bank account. I enclose a link to a description of the scam.