Skip to main content

Nearly $12 million stolen in coronavirus-related scams, FTC reports

The global coronavirus pandemic has caused not only worldwide health problems and economic issues, but has also lead to an uptick in unscrupulous scammers taking advantage of the situation to steal money and personal information.

The Federal Trade Commission (FTC) revealed that it has received more than 15,000 complaints about coronavirus-related scams, with a total of almost $12 million lost due to fraud. Each person lost an average of over $500, the FTC reports. The most common frauds were related to travel or vacations, with online shopping coming in second.

Recommended Videos

FTC has received more than 15K Coronavirus-related reports from consumers. Consumers reported losing a total of almost $12M to fraud w/ a reported median loss of $576. Latest data now available (posted weekdays): https://t.co/6uLszZGuz3 #COVID19 pic.twitter.com/qM0HVdN4RQ

— FTC (@FTC) April 10, 2020

Karen Hobbs, assistant director of the Division of Consumer and Business Education at the FTC, denounced the scammers this week.

“Scammers have no shame, and nothing — not even a global health crisis — is off limits,” she wrote. “They’re pitching fake coronavirus vaccines, unproven cures, and bogus at-home testing kits.”

The agency has a page on its website about avoiding such scams, including advice to ignore texts, emails, or calls regarding coronavirus testing that claim to be from the government, as well as online offers for vaccinations against the virus or home testing kits.

The agency is also taking action against sellers who are claiming that their products treat or prevent coronavirus, including teas, essential oils, and colloidal silver. The U.S. Food and Drug Administration (USDA) advises that “there are no approved vaccines, drugs, or investigational products currently available to treat or prevent the virus.”

The FTC has also warned that scams regarding stimulus checks being issued in the U.S. by the Internal Revenue Service (IRS) are also surging. People who qualify for these payments will receive them via direct deposit in the next few weeks, but scammers are calling people up and pretending to be government officials, or issuing official-looking fake checks, in order to steal money or personal information from the unsuspecting public.

“It’s not surprising that scammers are exploiting confusion about economic impact payments too,” Hobbs noted. “But it’s still shameful.”

If you are concerned about a coronavirus message you’ve received and you want to make sure you aren’t the victim of a scam, check out our guide to how to avoid being the victim of a coronavirus scam.

For the latest updates on the novel coronavirus outbreak, visit the World Health Organization’s COVID-19 page.

Georgina Torbet
Georgina has been the space writer at Digital Trends space writer for six years, covering human space exploration, planetary…
Hackers were caught hiding password-stealing tricks in people’s physical mail
QR Code scam alert.

Just when you thought you heard it all about hackers stealing passwords, something like this comes up. Hackers have been observed using snail mail, sent from a seemingly reputable source and then pushing recipients to download an app, to try and steal sensitive information.

As reported by The Register, victims received a letter from the "Federal Office of Meteorology and Climatology in Switzerland," and inside was a physical piece of paper, pressuring them  to use the QR code to download an app called "Severe Weather Warning App" for Android. However, once they scan the QR code, it takes them to a third-party site instead of the official Google Play Store. Switzerland's National Cyber Security Centre (NCSC) has already warned about the almost identical-looking app that contains the malware Coper, also known as Octo2.

Read more
Nvidia may keep producing one RTX 40 GPU, and it’s not the one we want
The Alienware m16 R2 on a white desk.

The last few weeks brought us a slew of rumors about Nvidia potentially sunsetting most of the RTX 40-series graphics cards. However, a new update reveals that one GPU might remain in production long after other GPUs are no longer being produced. Unfortunately, it's a GPU that would struggle to rank among Nvidia's best graphics cards. I'm talking about the RTX 4050 -- a card that only appears in laptops.

The scoop comes from a leaker on Weibo and was first spotted by Wccftech. The leaker states that the RTX 4050 is "the only 40-series laptop GPU that Nvidia will continue to supply" after the highly anticipated launch of the RTX 50-series. Unsurprisingly, the tipster also reveals that the fact that both the RTX 4050 and the RTX 5050 will be readily available at the same time will also impact the pricing of the next-gen card.

Read more
The Windows 11 24H2 update is causing even more problems
Windows 11 logo on a laptop.

The Windows 11 24H2 update had already been giving users a real headache with problems such as bugs for visual layouts and flaws for certain wallpaper apps. And now, as Microsoft confirms in a support document, some people without administrative privileges can't change the time zone in the Date & Time view, among myriad other issues related to the important Windows 11 update.

A Feedback Hub post also reports a time issue after exiting Sleep Mode, specifically after about one out of every five overnight sleep cycles. There is also a report that the time is not syncing correctly following daylight saving time. Put differently, the update doesn't break the time zone, but only affects the toggle or makes it very difficult to modify it.

Read more