Beware of Coronavirus Scams

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Scammers often capitalize on fear, and the coronavirus outbreak is no exception. In fact, the World Health Organization (WHO) and the Federal Trade Commission (FTC) are warning against a surge in coronavirus scams that can be difficult to spot. Here are some of the most prevalent coronavirus scams.

The fake funding scam

In this scam, victims receive bogus emails, text messages or social media posts asking them to donate to a research team on the verge of a drug and/or vaccine for COVID-19. Unfortunately, any money donated to these “funds” will go to scammers.

The bogus health agency

Scammers send alerts appearing to be from the Centers for Disease Control and Prevention (CDC) or the WHO; however, they’re created by scammers. These emails sport the logo of the agencies that allegedly sent them, and the URL is similar to those of the agencies as well.

Victims believe these alerts are sent by legitimate agencies. While some of these emails provide useful information, they often also spread misinformation. Even worse, they infect the victims’ computers with malware.

The phony purchase order

Scammers hack the computer systems at medical treatment centers to obtain information about outstanding orders for face masks and other supplies. The scammers then send the buyer a phony purchase order listing the requested supplies and demanding payment. The buyer wires payment directly into the scammer’s account.

Preventing scams

Keep the anti-malware and antivirus software on your computer current and strengthen the security settings on your devices.

Practice responsible internet usage. Never download attachments from unknown sources or click on links embedded in an email from an unknown sender. Don’t share sensitive information online either. To verify a site’s authenticity, check the URL and look for the lock icon and the “s” after the “http.”

Spotting the scams

Scammers give themselves away when they ask for payment via specific means, including wire transfer or prepaid gift card. Another giveaway is poor writing skills and misspelled words. “Breaking information” alerts allegedly sent by health agencies are another sign of a scam.

Stay informed

Finally, it’s a good idea to stay updated on the latest news about the coronavirus to avoid falling prey to misinformation.

With reports that the government will soon be sending money by check or direct deposit to each of us, it’s important to stay informed on that process. Check out this article for more details from the FTC.

You can keep yourself safe from the coronavirus by practicing good hygiene habits and avoid coronavirus scams by practicing healthy internet usage. Keep yourself in the know by signing up for Fraud News and Alerts to receive weekly email updates about the latest scam news.