FTC Warns Of COVID Scams, Cracks Down On Fake Job Schemes
PYMNTS
DECEMBER 14, 2020
The release stated these types of scams, which "have no basis in reality," have intensified and grown in scope since the pandemic, which has resulted in millions of people losing their jobs due to pandemic restrictions. Scams investigated in this particular sweep have netted over $1 billion from victims, the release stated.
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