Payment apps offer us a safe and easy alternative to traditional payment methods during the coronavirus outbreak. Unfortunately, scammers are using these apps to cheat people out of their money.
Fraudsters are stooping to new lows as the world continues to fight COVID-19. Whether they are posing as the CDC or the IRS, scammers have shown that there is no line they won't cross to benefit from the mass panic caused by the pandemic. Recently, scammers have found a new scare tactic to help them swindle people. The Federal Trade Commission (FTC) warns that scammers posing as government contact tracers are sending text messages to potential victims asking them to click malicious links.
Since the government announced it would be sending $1,200 to qualifying Americans, fraudulent activity has skyrocketed. The Louisiana Department of Revenue has warned taxpayers to protect themselves against thieves phishing for stimulus money and financial information.