If you’re a regular reader of this blog — or of the news, you know that scammers are out in force, taking advantage of all aspects of the Coronavirus pandemic. We’ve spotted plenty of bogus cures and treatments, but many of you have told the FTC about straight-up scams, like texts/emails/calls from a “government agency” promising to get your relief money for you. Others have told us about things that could be scams (or could be businesses catching up with the new reality) — like websites that promise scarce cleaning products or masks (that never arrive), or problems related to getting money back for cancelled travel plans.
Every weekday, the Bureau of Consumer Protection’s data analysts pull all those reports together to give you a glimpse into what the data is telling us. And, every weekday, you can find that report at ftc.gov/exploredata. But let me hit a few high points for you here.
- From January 1 until today, the FTC has gotten 18,235 reports related to COVID-19, and people reported losing $13.44 million dollars to fraud.
- The top complaint categories relate to travel and vacations, online shopping, bogus text messages, and all kinds of imposters.
- While reports of robocalls are way down overall, we’re now hearing about callers invoking the COVID-19 pandemic to pretend to be from the government, or making illegal medical or health care pitches, among other topics.
- The big states have, not unexpectedly, the biggest number of reports. You can check out how many people are reporting what in your state.
If you’re getting calls, emails, or texts, or you’re seeing ads or offers online, keep a few things in mind: First, the government will never call out of the blue to ask for money or your personal information (like Social Security, bank account, or credit card numbers). And second, anyone who tells you to pay by Western Union or Money Gram, or by putting money on a gift card, is a scammer. The government and legit businesses will never tell you to pay that way.
This article by the FTC was distributed by the Personal Finance Syndication Network.