
Virus-Linked Fraud Schemes Cost US Consumers Nearly $5m
Coronavirus-related fraud schemes are rising fast and have cost US consumers some $4.77 million so far, a government watchdog said Tuesday.
The Federal Trade Commission said it had more than 7,800 coronavirus-related reports from consumers as of Monday, double the number from a week earlier.
The consumer protection agency said the fraud complaints include emails about travel and vacation cancellations and refunds, online shopping scams and government and business imposter schemes.
Many of the schemes were also being perpetrated by mobile text or robo-calls, the FTC said.
The median loss for consumers was $598.
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