Scammers are constantly adjusting their tactics in order to take advantage of consumers. Check out these five COVID scams and stay up-to-date so you can stay safe.
Global Empowerment Fund
An email appearing to come from the Federal Trade Commission (FTC) informs you that you’re getting money from the COVID-19 Global Empowerment Fund. Just reply back with your bank account information and they’ll transfer the funds.
SCAM – there is no such fund and the FTC will not email you or ask for your financial or personal information.
Phishing and Supply Scams
You may get an offer to purchase an at-home testing kit, antibody test or a cure for COVID. Or a retailer offers an air filtration system for your home that promises to remove the virus from the air.
SCAM – there is currently not a vaccine or cure for COVID. There is no proof that an air filtration system will remove the virus from the air.
You get a call or email asking you to donate to a charity to help victims of COVID. The charity may be real or sounds legitimate.
SCAM – Be careful about any charity calling you for donations. Research before you give money: visit the website of the organization or visit ftc.gov/charity.
You get a call from someone claiming to be a doctor or hospital staff. They say they’re contacting you because they’ve treated a friend or relative and they’re demanding you pay for treatment.
SCAM – do not provide your personal or medical insurance information to a stranger.
Restore Bank Account Scam
You receive a call or email from someone who says you have unauthorized use on your bank debit card. You’re encouraged to visit a website and for a fee, your account will be restored.
SCAM – Don’t ever give money or your bank or credit card account number to anyone who calls offering to recover money, merchandise, or prizes you never received if the caller says you have to pay a fee in advance.
Fraudsters are constantly changing their pitches, hoping to catch you with your guard down. Stay in the know. Go to ftc.gov/coronavirus for the latest information on coronavirus scams. Sign up to receive alerts from the FTC at ftc.gov/subscribe. Read our post, Protect yourself from coronavirus scams, to learn even more.
Call us right away if you notice fraudulent charges or unusual activity on your First PREMIER® Bank credit card. You can also report fraud to your State Attorney General’s Office or file a complaint with the Federal Trade Commission.
This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.