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Con artists are after your stimulus checks—here are 4 red flags to watch for, says fraud expert

Source: https://cnbc.com/2020/04/20/scammers-after-coronavirus-stimulus-checks-red-flags-to-watch-for-warns-fraud-expert.html - Apr 23, 2020

Americans are starting to receive their $1,200 stimulus checks, which are meant to help them get by during the coronavirus pandemic. That influx of money is also attracting scammers and con artists.

Since January, consumers have collectively lost more than $13.4 million to such scams, with a median loss of $558 per person. Nearly 1 in 5 fraud reports involved unsolicited texts or calls, including impostors pretending to be a government entity.

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Category: General Business