In the midst of a global pandemic, there’s a lot to keep track of. Whether it’s food in the fridge, toilet paper on the holder or even the security of your job, it’s not hard to get sucked up into the whirlwind that millions of people around the world are facing.
Luckily, there are good people out there trying to make a positive impact like 7-year-old Zohaib Begg who has collected thousands of face masks, caps and gloves to donate to local hospitals. There are also those looking to take advantage of the situation and add to the cyclone of confusion and strife.
While the current COVID-19 pandemic has shown the brighter side of humanity, there are those who are more likely to take advantage of the disarray instead of lending a helping hand.
Now is the time scammers are active, seeking to capitalize on a global crisis.
With the passing of the $2 trillion CARES Act, or the Coronavirus Aid, Relief, and Economic Security Act, alongside an unprecedented spike in unemployment, government organizations are struggling to keep up, and it could be a long time before stimulus checks hit your bank account.
The U.S. Small Business Administration will also be launching a business lending program, but it could be a rough launch, meaning struggling small businesses might not get the help they need right off the bat. Now, more than ever, it’s important to be vigilant in protecting your finances and your personal information from potential scammers.
Whether you’re a single adult, college student, family or small business owner, protecting your assets should be on your list of things to keep an eye on.
Here are some helpful tips for you and your family to follow to avoid COVID-19 scams: