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FTC Warns College Students of Scams Relating to Coronavirus Checks

Submitted by jhartgen@abi.org on

The Federal Trade Commission (FTC) is warning college students about coronavirus-related phishing scams in which the scammers are pretending to have information about their direct payments from the IRS, The Hill reported. "Maybe you or your friends have gotten an email claiming to be from the 'Financial Department' of your university. The email tells you to click on a link to get a message about your COVID-19 economic stimulus check — and it needs to be opened through a portal link requiring your university login," Ari Lazarus, a consumer education specialist at the FTC said in a blog post on the agency's website. "Don’t do it." "It’s a phishing scam," Lazarus added. "If you click to 'log in,' you could be giving your user name, password, or other personal information to scammers, while possibly downloading malware onto your device." The FTC said students who spot emails that look like they are phishing scams can report them to the Anti-Phishing Working Group — which includes internet service providers, security vendors, financial institutions and law enforcement agencies — at reportphishing@apwg.org as well as to the FTC at ftc.gov/complaint.

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