Treasury Department warns that coronavirus scams are on the rise nationwide

The Department of Treasury has started sending out electronic payments to individuals as part of the CARES Act. As a result, we have been alerted to fraudulent emails and phone calls individuals are receiving saying they are from the Treasury or banks asking for updated account information so they can deposit federal checks. These are scams. Please do not give out any personal information unless you contact the Treasury or your bank directly. Below are some other examples of the types of scams you should be on the lookout for:
  • Malicious websites: with the purpose of infecting your device with malware.
  • Spam emails: these emails try to grab your curiosity by using conspiracy themed catchphrases, such as “censored.”
  • Phishing scams: these appear to come from organizations such as the CDC (Centers for Disease Control) or the WHO (World Health Organization).
  • Fake charities: emails and websites that ask for charity donations for studies, doctors, or victims that have been affected by COVID -19.
  • Fake internal communications – such as coronavirus surveys impersonating your HR or IT departments.

What the FTC is doing:

Avoid Coronavirus Scams

What the FTC is Doing

The FTC and FDA have jointly issued warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. The companies’ products include teas, essential oils, and colloidal silver.

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The FTC says the companies have no evidence to back up their claims — as required by law. The FDA says there are no approved vaccines, drugs or investigational products currently available to treat or prevent the virus. Read more about the warning letters.

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