Beware! Official warns of scams tied to stimulus money

Attorney General Ashley Moody on Monday warned Floridians to be leery of stimulus-related scams, a day after President Donald Trump signed a massive coronavirus relief package.

"Scammers are always looking for new opportunities, and the uncertainty surrounding COVID-19 makes the pandemic the perfect tool for fraudsters to target victims," Moody said in a video. "Another round of stimulus payments may also provide scammers with more ammo to concoct these schemes."

Moody’s office highlighted on its "Scams at a Glance" webpage tips to spot fraud, with common signs of scams related to COVID-19 and stimulus payments including unsolicited calls or emails; high-pressure tactics or too-good-to-be-true offers; threats of loss if immediate action is not taken; and requests for immediate payment by wire transfer, credit cards, prepaid debit cards or gift cards to expedite stimulus funds or other benefits.

MORE NEWS: Fate of $2,000 stimulus checks now rests with GOP-led Senate

The stimulus package extends two programs from the CARES Act approved earlier this year: the Pandemic Unemployment Assistance program for self-employed people and gig workers and the Pandemic Emergency Unemployment Compensation program, which adds 11 weeks of jobless benefits for people who have exhausted state benefits.

The package also provides $284 billion for the Paycheck Protection Program. It offers forgivable loans for small businesses and direct payments to households of $600 per adult and child.


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