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09/09/2020

Covid-19 Scams: From Identity Theft To Bogus Contact Tracers

Forbes

Usually, when my “Friends Talk Money” podcast hosts and I record an episode, we’re sharing advice about how to earn more money and manage what you’ve got. But our newest episode is full of warnings on how to not lose money — specifically, to Covid-19 identity theft scams and other coronavirus-themed schemes.

It’s scary out there.

More Than $100 Million in Covid-19 Fraud Losses

Americans have lost more than $106 million to Covid-19 fraud this year, and the Federal Trade Commission (FTC) has received over 187,000 fraud reports, amounting to more than $130 million in losses.

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