Scam Report: Four Dangerous Stimulus Scams

February 8, 2021

by Spero Financial

Advanced Fraud Solutions is alerting consumers about four dangerous stimulus scams.

Excerpt from the Advanced Fraud Solutions article "Four Dangerous Stimulus Scams"

Reports of stimulus payment-related fraud have sharply increased following the passage of the second stimulus package. Given the drawn-out pandemic, coupled with an enormous amount of uncertainty, individuals may be susceptible to fraud.

According to the IRS, U.S. residents should expect to receive stimulus checks delivered via three methods: a direct deposit into an account, payment cards or paper checks. Nevertheless, the American public continues to encounter instances of criminals using stimulus-themed emails and text messages to trick individuals into providing personally identifiable information and bank account details.

Read more for what you need to know about protecting yourself against these types of stimulus scams.

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