Friday, May 29, 2020
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COVID-19 Fraud

The COVID-19 pandemic is causing us to navigate unchartered waters. Fraud related to this outbreak is no exception. Get the latest headlines here to stay informed.

COVID Feature: Beware of COVID-19 Scams

COVID-19 fraud scams are sweeping the nation via robocalls, texts, emails, and imposter schemes. As of April 28, 2020, the Federal Trade Commission (FTC) reported 27,820 consumer complaints related just to the virus outbreak, including 15,000 complaints about fraud. (Victims reported losing a median...

COVID-19 Employment Benefits Thieves Add Insult to Injury

While using stolen identities to claim unemployment benefits is not new, the federal government’s temporary benefits boost and the huge volume of unemployment benefit applicants makes this an attractive and popular form of COVID-19 fraud. (While all fraud is low, stealing from unemployed workers...

COVID Feature: One Day Record

While much of the world has been busy social distancing, washing hands, searching for toilet paper, and donning masks, the Indiana Department of Revenue (DOR) remains vigilant in its efforts to prevent fraud. (Global pandemics have a way of creating distractions that open the...

COVID Feature: Cybercriminals Attack Vulnerable Hospitals

Cyber criminals have figured out that with millions of American workers logging on remotely for telework during the global coronavirus pandemic, it’s easy to plant malicious software, including ransomware. That’s why it’s more important than ever to practice good cyber hygiene. (All it takes...

COVID Feature: Fraudsters Preying on Medicare, Medicaid Recipients

Few things motivate people more through a crisis than the kindness of strangers. The shared humanity of “we’re in this together” is good for our mental and physical wellbeing. (Then there are those who ruin that good will with attempts to cash in on...

COVID Feature: Fake COVID-19 PPE and Medical Equipment

Healthcare scams are always galling, but scams around desperately need medical equipment and supplies during the COVID-19 pandemic are triply heartless. Such COVID-19 fraud wastes money for cash-strapped hospitals, delays acquisition of critical equipment and supplies – and in turn endangers healthcare providers and...

COVID Feature: FINRA’s Tips and Tools for COVID-19 Investment Fraud

A study conducted by FINRA and other consumer and financial organizations found that key risk factors for being scammed include social or physical isolation from others, being active online, and financial vulnerability…which sounds like a majority of the population during the COVID-19 pandemic. With...

New COVID-19 Phone Scams

Fraudulent text messages and robocalls exploiting anxiety around the coronavirus (COVID-19) pandemic are proliferating. Below are examples of the vicious and dangerous schemes the Federal Communications Commission (FCC) reports: Text messages advertising fake cures or COVID-19 testing; clicking the links may install malware or...

Phishing for Fraud

With millions of Americans teleworking to prevent the spread of coronavirus, cybersecurity is a huge issue. Government employees and others use virtual private networks to stay connected to their agencies and falling for a cybersecurity scam can infect the networks of whole organizations. Knowing fraudsters’...

Fraud Epidemic

Fraudsters’ intentions to scam the public by way of COVID-19 is growing as quickly as the virus spreads, and federal authorities are serious about putting a stop to it. U.S. Attorney General William Barr has sent a memo to all federal attorneys across the nation...
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