Beware of COVID-19 Scams

While you take extra care to limit the spread of COVID-19 (coronavirus), there are also steps you can take to protect your finances and identity.

  • Be cautious of scams. Unfortunately, national crises bring out con artists seeking to take advantage of the vulnerable and the unwary. Be suspicious of possible scams to steal your money or your personal/financial information. Scammers often pose as a government agency, company, or even a charity.
  • Protect yourself. Do not respond to calls, texts or emails offering you instant money from the government regarding COVID-19. Scammers are using these forms of communication to get you to share your personal/financial information, such as your account number, Social Security Number or credentials to gain access to your financial accounts.
    • Remember that DCECU will NEVER contact you asking for this information.
    • If you believe you are the target of a scam, hang up the phone and verify the identity of the caller independently. Do not give out any personal information unless you have first confirmed who you are talking to is actually who they claim to be.
  • Stay up to date on current scams. DCECU has already become aware of the following COVID-19-related scams:
    • Federal Stimulus Packages - Individuals are being contacted via text, social media and by phone offering special grants, loans or faster stimulus payments.
    • Sales of Coronavirus Bogus Products, Testing or Treatments - Always verify the source of information and make purchases from reliable, known businesses. And remember, if it sounds too good to be true, it probably is.
  • Keep up to date on these particular scams and any new ones, and learn how to recognize the warning signs to protect yourself using the following resources:

We know these are difficult times and we are all easily distracted by the noise of pandemic activity. Knowing what to look for and staying vigilant to spot anything that may come across as suspicious will help protect you from scammers. Stay safe and secure.

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