Stay Savvy Against COVID-19 Scams

Posted on

Jul 17, 2020

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COVID-19 has created a perfect storm for scammers to take advantage of ongoing confusion surrounding the situation and people in need.

Better Business Bureau (BBB) research has found that people who are living alone or those feeling isolated from others are more likely to engage with and lose money to scammers. In addition, one in four seniors (ages 65 and older) reported a loss to fraud this past year.
BBB has been receiving reports concerning scammers posing as the World Health Organization (WHO) and Centers for Disease Control and Prevention (CDC) under the guise of providing updated safety information or claiming that a mandatory COVID-19 test must be taken, requesting verification of personal information. Additional COVID-19 related scams include online purchase fraud involving product shortages and fake check scams claiming to be additional economic impact payments for a fee.
Scammers constantly change their tactics, but seniors can stay savvy against COVID-19 scams with the following BBB tips:


Dont be afraid to contact someone. Reach out to a family member, neighbor or an organization you trust for advice. It should be a red flag if someone tries to rush you into an immediate decision involving your personal and/or financial information.

Avoid miracle product claims. Products and services claiming to prevent or protect against diseases like COVID-19 are often unsubstantiated. Dont automatically believe a companys promoted testimonials either; research the company and product through trusted organizations like the Better Business Bureau.

Be wary of offers sounding too good to be true. Scammers search for individuals looking to catch up or get ahead financially. If your retirement was affected by the markets ups and downs dont panic. Instead, take a deep breath and contact a trustworthy broker or financial advisor.

Be smart and aware. Knowing about the scams out there significantly reduces the likelihood of financial loss. When someone contacts you about an amazing opportunity, its easier to separate fact from fiction.

Learn more helpful tips about COVID-19 scams at bbb.org/coronavirus and track and report scams you encounter at bbb.org/scamtracker.

Editors Note: This article was submitted by Caitlin Driscoll, Public Relations Director of the Better Business Bureau serving Western Pennsylvania. For more information, visit bbb.org or call 877-267-5222.

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