U.S. coronavirus fraud losses near $100 million as COVID scams double


 

It’s likely a good bit more than $100 million.

(From Reuters)

U.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have at least doubled in most states, a consumer protection group said on Tuesday.

A report from the group, based on government data, highlighted the vast scope of a fast-growing criminal cottage industry – from phony stimulus-check offers to shopping scams and fake cures – preying on Americans already distressed by the pandemic and its economic fallout.

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This article was originally posted here: https://www.ac2news.com/2020/08/u-s-coronavirus-fraud-losses-near-100-million-as-covid-scams-double/.

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