Scammers try to take advantage of people during trying or uncertain times like we’re experiencing today. The average cost to an individual who falls for one of these scams is $600.
While ITR works hard to protect your money at the Iowa State Capitol, only you can protect your money from fraudulent scams. Unfortunately, many scammers try to take advantage of people during trying or uncertain times like we’re experiencing today.
According to the Federal Trade Commission, scam complaints related to the coronavirus have doubled in the last week.
Scammers use many means of communication, from telephone or text message to email or malicious links on the internet. They often pretend to be an official from the government requesting more information to help with the receipt of government assistance or coronavirus testing. The average cost to an individual who falls for one of these scams is $600.
U.S. Senator Joni Ernst has called for a bipartisan federal response to these scams, which are primarily targeting senior citizens and vulnerable populations. She would like to see more information available to the public about the types of scams that are being engaged in and how to report a scam if you see something concerning or fall victim to one of these fraudulent schemes.
You can find more information about reporting scams and fraud on the USA.gov website. If you encounter what appears to be fraudulent activity, please report it to the appropriate authorities so that you can help prevent others from falling victim.
