Another coronavirus variant: Radical fraud – PropertyCasualty360
Fraudsters are leveraging the pandemic to pull scams ranging from insurance rackets to ‘pump and dump’ stock schemes.
According to the FBI, con artists are using the COVID-19 pandemic — including ensuing vaccines, variants, and stimulus funds — to perpetrate multiple fraud varieties.
One example is the marketing of fraudulent COVID-19 antibody tests for the sole purpose of amassing personal information, which is used for ID theft and insurance-related schemes.
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