Beware COVID-19-related scam

In times of national emergency or market disruption, scammers capitalize on public fear to take advantage of vulnerable consumers. FinCEN and many other organizations have issued warnings and red flags to help financial institutions and their customers identify and stop potential scams, including:

Imposter scams

The World Health Organization and other agencies are being impersonated in an attempt to obtain money and/or sensitive information from computers. FinCEN has also issued warnings on fraudulent charities and crowdfunding efforts. Following are some tips to follow and pass along to your consumers:

  • Check the website domain for spelling errors or inconsistencies—most charities use “.org,” and WHO only uses “.int”
  • Be wary of organizations directly contacting you asking for money or personal information


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