Americans have lost over $100 million because of COVID-19 financial fraud

With more than 160,000 reports and over $100 million in losses, COVID-19 fraud has spread rapidly and left many in a more difficult financial position.Q2 2020 hedge fund letters, conferences and moreA new virus has led to a new type of fraud as scam artists have taken full advantage of the coronavirus pandemic. What exactly is COVID-19 fraud, and which parts of the country have been most affected? The Ascent conducted a study of Federal Trade Commission (FTC) data in early August to find out that and much more about COVID-19 fraud.Defining COVID-19 FraudThe FTC's classification of COVID-19 fra...


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