Friday, March 12, 2021

Scams will follow new COVID-19 rescue plan

Consumer Alerts from the Federal Trade Commission

by Jennifer Leach
Associate Director, Division of Consumer and Business Education, FTC

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.

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