FTC Coronavirus Update

March 12, 2021 Visit FTC.gov/Coronavirus for more information. In this bulletin: Statement by Acting FTC Chairwoman Rebecca Kelly Slaughter on Enactment of the American Rescue Plan Act Business owners: Scams will follow new rescue plan Scams will follow new COVID-19 rescue plan Updated Coronavirus (COVID-19) consumer complaint data Statement by Acting FTC Chairwoman Rebecca Kelly Slaughter on Enactment of the American Rescue Plan Act Acting Federal Trade Commission Chairwoman Rebecca Kelly Slaughter issued a statement regarding the enactment of the American Rescue Plan Act of 2021. Business owners: Scams will follow new rescue plan The pandemic is still taking a toll on your customers, your employees – and your business. The new American Rescue Plan, just signed into law, gets the ball rolling to help out on many people's financial well-being. Payments will soon be coming by direct deposit, checks, or a debit card to people eligible for the payment. You can learn more about who's eligible, and the timing, at IRS.gov/coronavirus. Share that link with your staff to help keep them informed. But let me tell you what will NOT happen, so you can spot and avoid the scammers who are right now crawling out from under their rocks. Scams will follow new COVID-19 rescue plan The pandemic is still taking a toll on every kind of well-being we have. The new American Rescue Plan, just signed into law, gets the ball rolling to help out on many people's financial well-being. Payments will soon be coming by direct deposit, checks, or a debit card to people eligible for the payment. You can learn more about who's eligible, and the timing, at IRS.gov/coronavirus. But let me tell you what will NOT happen, so you can spot and avoid the scammers who are right now crawling out from under their rocks. Updated Coronavirus (COVID-19) consumer complaint data Today, the FTC published its latest edition of Coronavirus (COVID-19) Consumer Complaint Data on its FTC COVID-19 and Stimulus Reports dashboard. Select a state from the map on the dashboard to view data by state. As of March 11, 2021: 384,092 Overall Reports $367.59M Total Fraud Loss $325 Median Fraud Loss The Federal Trade Commission continues its work protecting consumers, providing guidance to businesses, and protecting competition in the marketplace throughout the pandemic. Read more at ftc.gov/coronavirus. SUBSCRIBER SERVICES:  Manage Preferences  |  Unsubscribe  |  Help This is a free service provided by the Federal Trade Commission.

 

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