Have you been wondering what’s going on with the stimulus checks that are offered to help combat the economic impact of the coronavirus?
Get the Facts
Through the efforts of our government, they have been working hard to provide benefits and subsidies to lessen the impact that this crazy virus has had on our economy and our wallets. This is a tough and unprecedented time for America. Many outlets and individuals have continued to spread disinformation and propaganda in order to find a way to capitalize on a bad situation. Although the details are still being worked out, below are the facts about the economic stimulus to help protect you and your family from scams and provide you with information.
Important Things to Know
From Jennifer Leach, Associate Director, Division of Consumer and Business Education, FTC:
- The government will not ask you to pay anything upfront to get this money. No fees. No charges. No nothing.
- The government will not call to ask for your Social Security number, bank account or credit card number. Anyone who does is a scammer.
- These reports of checks aren’t yet a reality. Anyone who tells you they can get you the money now is a scammer.
So, remember: no matter what this payment winds up being, only scammers will ask you to pay to get it. If you spot one of these scams, please tell the Federal Trade Commission: ftc.gov/complaint. We’re doing our best to stop these scammers in their tracks, and your report will help.
Keep up to date with the latest coronavirus-related scams at ftc.gov/coronavirus or by signing up to get these consumer alerts.
Check out the source directly at consumer.ftc.gov/blog/2020/03/checks-government.