Tuesday, April 27, 2021

FTC Coronavirus Update

Coronavirus Pandemic: The FTC in Action
April 27, 2021 Visit FTC.gov/Coronavirus for more information.

In this bulletin:

  • FTC Testifies before Congress on its Work to Curb COVID-19 Scams and Warn Consumers about Pandemic-related Frauds, Cons, and Swindles
  • Updated Coronavirus (COVID-19) consumer complaint data

FTC Testifies before Congress on its Work to Curb COVID-19 Scams and Warn Consumers about Pandemic-related Frauds, Cons, and Swindles

In testimony today before the Senate Commerce Committee's Subcommittee on Consumer Protection, Product Safety, and Data Security, the Federal Trade Commission provided an update on its work to protect consumers from scams and frauds related to the COVID-19 pandemic. The testimony noted that since the crisis began, the agency has filed more than a dozen law enforcement actions, directed the removal of deceptive claims made by more than 350 companies, and issued more than 100 alerts to educate consumers and businesses about recognizing and avoiding these schemes.


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 April 26, 2021:

  • 459,825 Overall Reports
  • $418.88M Total Fraud Loss
  • $348 Median Fraud Loss

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