Everyone’s worried about the Coronavirus, and scam artists are taking advantage of that. From “Silver Solution” to “anti-Coronavirus” toothpaste, people need to be aware of scams involving the Coronavirus. The Justice Department has already done its first enforcement action on these scams.

Be Wary of Scams involving the Coronavirus

Be Wary of Scams involving the Coronavirus


Earlier in March, the FTC and the Food and Drug Administration gave warnings to seven companies selling things they claimed could treat or prevent the virus.

A major scam involved “The Jim Bakker Show,” they advertised a colloidal silver called “Silver Solution” that he claimed cured the virus. They were already involved in a lawsuit from the state of Missouri and was sent a cease-and-desist letter from the New York attorney general’s office. Bakker was forced to stop selling the product on his website and Facebook.

New York’s attorney general also sent a cease-and-desist to Alex Jones, who was selling anti-coronavirus toothpaste on his radio show and website, Infowars.

Disaster fraud, this style of scam, always comes up every time a natural or human-made crisis happens. They come in a variety of different forms. There can fake charitable solicitation, especially with crowdfunding platforms like GoFundMe.

Identity theft is also common because people are unsure who to give their information to.

There’s also price-gouging on essentials like hand sanitizer and toilet paper happening.

Make sure to keep an eye out for you and your loved ones.

Read more here.