During times of panic and mass confusion, such as a pandemic, criminals and those wishing to do you harm may take advantage of the confusion to separate you from your finances in some faux attempt to assist you. You have to recognize the facts and see these scams for what they are.
- Older adults and young adults are more likely to be scammed than other age groups, in part because they are targeted by scammers more often.
- Living each day with the knowledge that a deadly virus is active in the community can lead to anxiety and a feeling of helplessness. Unfortunately, these feelings of fear and vulnerability can also make people more susceptible to falling for scams.
- Telephone scams have become more common thanks to autodialing and caller-masking technologies. However, online channels like email, social media and even online dating apps are prime platforms for scammers.