COVID-19 Scams: Be On The Lookout

COVID-19 Scams: Be On The Lookout


June 21, 2023 | Eul Basa

COVID-19 Scams: Be On The Lookout


Believe it or not, there are some sick puppies out there looking to make a fast buck off the COVID crisis. A bad time for honest people is usually a good time for scammers -- and this has proven to be no exception. So let’s take a look at three seriously messed up COVID-19 scams. Be on the lookout for people trying to separate you from your hard-earned money!

Stimulus Scams

Unemployment claims in the U.S. have hit record highs in recent weeks as non-essential businesses shut down and furlough their employees. In response, the federal government has announced a stimulus package -- $1,200 checks to tide people over. 

Enter scammers. They’re taking advantage of this situation by impersonating the IRS, calling (or emailing or texting) to ask for your banking information so they can deposit your stimulus check.

Obviously, you don’t want to play that game. The real IRS would never ask for your private banking information in such a sloppy way.

Fake Masks

Ever since this crisis began, there have been shortages of several essential health and wellness products. One reason is private citizens hoarding; another is federal and state governments trying to direct the flow of critical supplies to areas where they’re most needed.

A good example of the latter is the N95 medical mask. These are in high demand as people all around the world work to stem the spread of the virus. However, basically all N95 masks in the United States have been stockpiled for use in hospitals.

You may be surprised, then, to see people selling N95 masks online. Don’t click. It’s a scam. And even if it’s not, these masks should be reserved for those who really need them at this time.

Work From Home

Some people work from home, and that’s entirely legitimate. (I’m doing it right now!) But given how many people are out of work right now, some scammers have taken to creating bogus job ads.

They promise you can apply easily, work from home, and start today. It’s a promise that’s too good to pass up for millions of Americans who are out of work and feeling the pinch. But then your new employers start pestering you to send them money for training or orientation. 

Obviously if anyone offering you a job wants you to pay them… it’s a scam.

We hope you found reading about these COVID-19 scams helpful!


READ MORE

I was employed as live-in caregiver for a woman who just passed away. Her son and daughter gave me a week’s notice to move out of her house. Now what?

You were living in the home as part of your job caring for an elderly woman until she passed away. Now her adult children want you out of the house in a week. We look at ways you can handle this stressful situation.
December 24, 2025 Penelope Singh

I let my friend store his bicycle in my garage. A thief broke in and stole it, and now my friend is demanding I pay for it. Am I legally on the hook?

You agreed to let a friend store his bicycle in your garage. Then someone broke in and stole it and your friend is threatening legal action. We examine your legal rights and options.
December 23, 2025 Peter Kinney

My brother-in-law keeps telling us how much he’s been winning at sports betting. Then yesterday he asked us if he could borrow $2K till the end of the month. Now what?

Your brother-in-law always talks about his wins betting on sports. Now suddenly he’s asking to borrow $2,000 until the end of the month. But if his betting is going as well he says, why is he asking to borrow money?
December 23, 2025 Sammy Tran

I agreed to stay home with the kids, but now my husband says I didn’t “earn” half our assets during the divorce settlement talks. What now?

You stayed home to raise the kids and keep the household going. Now that you’re facing divorce, your husband argues you didn’t earn half the assets. . You have legal rights and options to a fair settlement.
December 23, 2025 Peter Kinney

My boss keeps talking about apocalypse prepping and says he’s building a bunker. Should I be worried—or just leave?

A humorous yet insightful guide for workers dealing with a doomsday-obsessed boss. Learn how to spot red flags, set boundaries, navigate HR, protect your mental health, and decide whether it’s time to leave a workplace where apocalypse prepping has gone too far.
December 22, 2025 Jack Hawkins
Woman Working and Using Laptop

I spent my entire savings on a “passive income course.” It turned out to be a YouTube playlist. Can I get a refund?

Many Americans search for financial stability through online courses that promise high returns with minimal effort. The internet also makes learning widely accessible, but it creates opportunities for misleading marketing and poorly structured educational products. A situation where someone pays for a “passive income course” only to receive a repackaged playlist mirrors a growing problem of low-value digital content sold at premium prices. Consumer protection laws exist to offer recourse, but success depends on factors like the platform’s refund policies, advertising claims made by the seller, and whether the course delivery matches its stated description. Understanding these parameters helps consumers assess their options before deciding how to respond.
December 22, 2025 Miles Brucker


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team