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Coronavirus fraud losses approach $100M as pandemic scams double

Fox Business

Losses from coronavirus-related fraud, identity theft and price gouging have almost hit $100 million since the pandemic began in March, according to a new report from a consumer protection group.

Based on data published by the Federal Trade Commission, complaints of pandemic scams have at least doubled in most states as scammers have been able to get more creative and believable in how they prey on Americans already reeling from the virus-induced crisis and subsequent economic recession.


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