According to the Federal Trade Commission (FTC), Americans have reported over 226K scams and lost over $386M in frauds linked to COVID-19. Due to the rise in fraud, federal experts across the government share official information on how to recognize, avoid and report many types of scams. Explore five key tips collected by USAGov during National Consumer Protection Week this March to protect your family and wallets in 2021.
The five key tips to know are:
- Scammers take advantage of people during the COVID-19 pandemic.
If an offer, service or product is too good to be true, it probably is.
Resist the pressure from scammers to act immediately.
Government imposter scams are on the rise.
Protect yourself and your community by reporting scams and fraud.