Americans Are Losing Millions To COVID-19 Scams

(UNDATED) – The Federal Trade Commission reports handling more than 52-thousand complaints involving nearly $40 million in losses as of May 21.

The average fraud victim lost nearly $500.

According to the FTC, one of the top COVID-19 scams is a text message that lures victims to click on a link and provide personal information to get a government refund.