Since March of 2020, COVID-19 has shaken the world. The way people lived their lives three years ago compared to today has changed. Grocery shopping, school, and even our careers have all transformed. As a society, we have had to adapt and learn quickly to a new way of life.
Financially, this took a toll on a number of people. As with crises, there will always be scammers cooking up a strategy to con you out of money, identity, time, and a slew of other possibilities. Coronavirus scams have become increasingly common, and scammers continue to be creative as the phases of the pandemic evolve.
Financial Impact of Coronavirus Scams
Taking advantage of people is what a scammer does best. During the pandemic, many scammers have found a way to continually hurt people financially. Coronavirus scams can occur just like any other notable scams, whether through phone, email, letters in the mail, or even various social media platforms.
Coronavirus Scam Examples
Recently, COVID-19 testing scams have been appearing across the country, including right here in Wisconsin. Whether you are looking at on-site or at-home testing, be sure to validate the legitimacy of your testing process before proceeding.
A few things to note:
Check with your doctor or county health department for suggestions on legitimate testing sites.
Purchase test kits from local pharmacies, official government sites or from your insurance company. Do not click on links received in an email to order COVID test kids.
Another COVID-19 scam that is extremely common is vaccine verification. Many Americans have received a vaccination status card issued by the CDC. Posting this card to social media platforms as well as providing this information to an untrusted source will surely be setting you up for identity theft. Many scammers call posing as a federal government employee or even a member of your bank. Always remember to call a trusted, reputable source before giving out any information.
Staying Safe from Coronavirus Scams
Staying both vigilant and up to date on scams are two key factors to help keep yourself stay safe during all phases of the pandemic. Over the years, the tactics of scammers haven’t changed all that much; they still utilize similar strategies and aim scams at people when they’re vulnerable. When it comes to coronavirus scam prevention, always remember to verify the source before providing any sensitive document or information.
Financial institutions and other government agencies are currently doing their best to keep everyone informed, healthy and safe. If you have any concern with finances or are unsure if someone may be trying to scam you, give NEBAT a call so we can help keep you, your family, and your finances protected.