COVID-19 Fraud Alerts

COVID-19: Protecting Yourself Against Fraud

BBB Alert: Beware of COVID-19 Scams

Coronavirus (COVID-19) Pandemic: The FTC in Action

Scammers are taking advantage of fears surrounding the Coronavirus.


 

COVID-19: Protecting Yourself Against Fraud

A common technique among internet and email scammers is to take advantage of public concerns and fears. Today, that means that scammers are capitalizing on the fear surrounding the emergence of the coronavirus (COVID-19) from health and safety concerns to apprehension around financial market impacts. During this critical time, focus on anything that sounds too good to be true! Below are a few examples of the scams circulating:

Beware of Bogus Products and Investments
As scammers prey on coronavirus fears, there is an uptick in the sale of bogus products like masks, immune system boosters and sanitizers. If you aren’t able to find a hand sanitizer at your local store, it doesn’t make sense that a random source on the internet would have an unlimited supply for sale. When an offer sounds “too good to be true,” verifying product credibility through research is key.

Also, be wary of “investment opportunities” related to the coronavirus. The U.S. Securities and Exchange Commission (SEC) is warning people about online promotions, including through social media, claiming that the products or services of publicly-traded companies can prevent, detect or cure coronavirus. Don’t get caught in a stock scam; always seek professional advice.

Know Your Charities
Another path that scammers are taking is soliciting for bogus charities. We all want to help; the scammers know that if they tug on our heartstrings, our wallets will usually open. The scams often look like they are helping locally or for specific groups you support. Before you contribute, be sure to research new charities thoroughly. Check with the Better Business Bureau for complaints.

Watch Out for Phishing
The third foundational scam to be aware of is the use of phishing emails to take your money and get your personal information. As always, never click on an embedded link in an unsolicited email. It may download malware onto your computer. Protect yourself by making sure anti-virus software is on your computer and up-to-date.

Be suspicious of emails claiming to be from the Centers for Disease Control and Prevention (CDC) or “experts” saying that they have new, critical information about the virus. For the most up-to-date information, go right to the authoritative source. Go to the CDC and the World Health Organization (WHO) websites for current information. If you come across any suspicious claims, report them to the FTC at ftc.gov/complaint.

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BBB Alert: Beware of COVID-19 Scams

Testing kits. Whether it’s someone going door-to-door offering a COVID-19 testing kit or someone selling them online, don’t fall for this con. Currently, real testing kits cannot be purchased or performed at home.

Miracle cures, vaccines, or supplements. When you see an advertisement promoting a miracle cure, vaccine, or supplement to help you fight the coronavirus, just ignore it. False claims like this should be reported to BBB at bbb.org/adtruth.

Mask sales. While many people are on the hunt for medical-grade masks, scammers are posting fake websites. While the site may look legitimate, consumers are purchasing masks only to never receive the product or have their financial information compromised. Always check with BBB at bbb.org before making any online purchase.

Government checks. If you receive a phone call from a “government representative” saying they need your social security number, banking account number, or other personal information in order to give your relief check, hang up! Anytime funds like this are distributed, the government will NEVER call and ask for personal information.

Errand assistance. Be wary of strangers who offer to run errands for you. While there are legitimate groups who are offering assistance to those that are in need, there are scammers who are looking to take your prescription medications or your money. Do your research and check references first.

Free gift cards. Some businesses are providing discounts during this time, but if you see an offer for a free gift card, proceed with caution. These offers are often “too good to be true” and lead you to a phishing site that asks for personal information. Always contact the company directly to see if any promotion is real.

Charity and giving. If you are looking to donate, make sure you are donating to legitimate charities. You can verify the trustworthiness of a charity by visiting give.org for free reports to see if the charity meets BBB’s Standards for Charity Accountability. If you are giving to a crowdfunding cause, it’s best to give to someone you personally know and to be wary of vague requests.

Tracking apps. With COVID-19 spreading rapidly, you may want to know if the virus has spread to your area. While there are legitimate coronavirus “map apps” available, there are also ones that download malware and spyware onto your phone instead.

For more tips and information, visit bbb.org/coronavirus.

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Coronavirus (COVID-19) Pandemic: The FTC in Action

The Federal Trade Commission continues its work protecting consumers, providing guidance to businesses, and protecting competition in the marketplace throughout the pandemic. Staff are working remotely and events that are not postponed are being held via webcast.

Help for Consumers

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Scammers are taking advantage of fears surrounding the Coronavirus.

Avoid Coronavirus Scams

Here are some tips to help you keep the scammers at bay:

  • Hang up on robocalls. Don’t press any numbers. Scammers are using illegal robocalls to pitch everything from scam Coronavirus treatments to work-at-home schemes. The recording might say that pressing a number will let you speak to a live operator or remove you from their call list, but it might lead to more robocalls, instead.

  • Ignore online offers for vaccinations and home test kits. Scammers are trying to get you to buy products that aren’t proven to treat or prevent the Coronavirus disease 2019 (COVID-19) — online or in stores. At this time, there also are no FDA-authorized home test kits for the Coronavirus. Visit the FDA to learn more.

  • Fact-check information. Scammers, and sometimes well-meaning people, share information that hasn’t been verified. Before you pass on any messages, contact trusted sources. Visit What the U.S. Government is Doing for links to federal, state and local government agencies.

  • Know who you’re buying from. Online sellers may claim to have in-demand products, like cleaning, household, and health and medical supplies when, in fact, they don’t.

  • Don’t respond to texts and emails about checks from the government. The details are still being worked out. Anyone who tells you they can get you the money now is a scammer.

  • Don’t click on links from sources you don’t know. They could download viruses onto your computer or device.

  • Watch for emails claiming to be from the Centers for Disease Control and Prevention (CDC) or experts saying they have information about the virus. For the most up-to-date information about the Coronavirus, visit the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO).

  • Do your homework when it comes to donations, whether through charities or crowdfunding sites. Don’t let anyone rush you into making a donation. If someone wants donations in cash, by gift card, or by wiring money, don’t do it.

WHAT THE FTC IS DOING

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