How Scammers Could Benefit From COVID-19 Outbreak

The current coronavirus (COVID-19) outbreak is one epidemic that’s putting everyone at risk. With that in mind, there is another problem rooted from it that may also endanger your wallet and health: coronavirus scams.

Thankfully, a new update revealed Michigan’s Department of Health and Human Services joined with Attorney General Dana Nessel in order to issue a warning so you can avoid possible coronavirus scams.

Following this, they also made sure to list some tips that people can keep in mind in order to not get taken advantage of.

The first tip is to never click on or open links from sources that you don’t know, especially those that look shady. If you see a link and it makes you feel suspicious, then that should be enough of a reason for you to avoid it. Also, make sure to look out for emails that claim to be from experts or the CDC that say they have information about the virus since large agencies like CDC wouldn’t be sending those, and would only issue countrywide or nationwide announcements in order to inform everyone.

Another tip to keep in mind is to watch out for anyone who offers vaccinations online. Unfortunately, there is still no coronavirus vaccine, and rest assured that once one is available, it wouldn’t be offered via shady internet deals and would be announced worldwide.

Following this, the U.S. Securities and Exchange Commission also issued an alert to be wary of investment schemes and opportunities since people (or small companies) who ask for your personal and financial information should always be treated as potential thieves, no matter how much convincing they try on your part.

"You may lose significant amounts of money if you invest in a company that makes inaccurate or unreliable claims. You may not be able to sell your shares if trading in the company is suspended," the SEC stated.

Fraudsters love playing into our fears, so always makes sure you are properly informed.

Wuhan Coronavirus Wuhan seafood market closed after the new coronavirus was detected there for the first time on January 1, 2020. SISTEMA 12/Wikimedia Commons

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