During the 2020 holiday shopping season, it is essential for consumers to avoid deceptive marketing practices. That is why we recently wrote about holiday shopping tips. Today, we look at scams during the COVID-19 pandemic. P-L-E-A-S-E recognize them.
Beware of These Scams During the COVID-19 Pandemic
For this post, we turn to observations and advice from Money Crashers:
COVID-19-related scams come in many forms, from identity theft schemes leveraging the promise of federal stimulus payments to snake oil remedies for a disease with no specific treatment or cure.
Some novel coronavirus disease scams encourage victims to part with their hard-earned money at a time when they can least afford to. Others prey upon our natural inclination to help others in need. Some truly sinister schemes aim to disrupt health care delivery during a period of unprecedented demand for hospital beds and lifesaving medical equipment.
All are actively harmful in one way or another. But you can learn how to spot the telltale signs of each COVID-19 grift and avoid falling victim.
The scams in the infographic below are only the most common COVID-related scams and attacks. This list doesn’t even encompass grifts that fail to rise to the level of a true scam. Such as individuals and shady online retailers hawking questionable test kits or charging exorbitant prices for sought-after supplies like hand sanitizer and disinfectant wipes. No one should have to pay 10 times the going price for products that could prevent illness.
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