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Tips to Avoid Coronavirus Scams and Protect Your Money

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Tips to Avoid Coronavirus Scams

Posted On: October 9, 2019 by Iowa State Bank in: General

Unfortunately, fraudsters are finding ways to take advantage of fears related to the coronavirus. Learn about the common scams and what you can do to protect yourself.  Common Scams Phishing and supply scams: Scammers impersonate health organizations and businesses to gather personal and financial information or sell fake test kits, supplies, vaccines or cures for COVID-19. Stimulus check or economic relief scams: There are reports that the government will help to ease the economic impact of the virus by sending money by check or direct deposit. However, the government will NOT ask for a fee to receive the funds, nor will they ask for your personal or account information. Charity scams: Fraudsters seek donations for illegitimate or non-existent organizations. Delivery of malware through “virus-tracking apps” or sensationalized news reports. Provider scams: Scammers impersonate doctors and hospital staff and contact victim claiming to have treated a relative

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