Staying Safe from Coronavirus Scammers

Learn 3 steps to help you protect your finances from fraudsters disguised as charities.

It’s more important than ever to be vigilant when it comes to possible internet scams and fraud.  Coca-Cola Credit Union shares 3 tips to safeguard yourself from COVID-19-related fraud:

  1. Beware of bogus products and investments – As scammers prey on coronavirus fears, there’s been an uptick in the sale of bogus products like masks, immune system boosters, and sanitizers.  If you can’t find hand sanitizer locally, it’s unlikely that a random source on the internet would have an unlimited supply for sale. Also, be wary of “investment opportunities” related to the coronavirus. The U.S. Securities and Exchange Commission warns people about online promotions, including through social media, claiming the products or services of publicly traded companies can prevent, detect, or cure coronavirus.
  2. Know your charities – Scammers are also soliciting for bogus charities. The scams often appear to help people locally or assist specific groups you support. Before you contribute, research new charities thoroughly.  Check with the Better Business Bureau for complaints, or one of the online sites that track charities such as GuideStar, CharityNavigator, or CharityWatch.
  3. Watch out for phishing – Phishing emails aim to steal consumers’ money and personal information. Never click on an embedded link in an unsolicited email. It may download malware onto your computer.  Also be suspicious of emails claiming to be from the Centers for Disease Control and Prevention (CDC) or “experts” saying they have new, critical information about the virus.

For more information on how Coca-Cola Credit Union is helping members around the country during these unprecedented times, visit our COVID-19 Update page HERE.

 

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