Fraud Alerts and Prevention
We know there’s been a flood of information coming out very quickly regarding Coronavirus and COVID-19, including information on the government’s economic impact payments (stimulus checks). It seems just as quickly that scammers are finding new ways of trying to steal money or personal information from consumers using calls, text messages, or emails. Below are several articles providing information that may be valuable to your members on what to look for and how to avoid these types of scams.
The Cybersecurity and Infrastructure Security Agency (CISA) Resources
Federal Trade Commission Resources
Scammers are taking advantage of fears surrounding the Coronavirus. The Federal Trade Commission has specific Coronavirus Scam information and tips to avoid them:
The Financial Crimes Enforcement Network (FinCEN) has issued alerts and guidance to financial institutions related to the COVID-19 pandemic. Certain communications relate specifically to fraud and scams, including imposter scams, investment scams, product scams, medical scams and insider trading.
- FinCEN News – Remain Alert to Related Illicit Financial Activity (COVID-19)
- FinCEN Advisory – Medical Scams Related to COVID-19
IRS Warnings – Coronavirus-related scams
The IRS urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus. These contacts an lead to tax-related fraud and identity theft. The IRS indicated that they will not call and ask you to verify or provide your financial information so you can get an economic impact payment or your refund faster.
Resources Related to Treasury Checks