Scammers are taking advantage of the COVID-19 crisis, and American seniors are especially vulnerable to their schemes.
The FBI has received thousands of complaints of COVID-19 scams since the pandemic began. Although federal authorities have already shut down numerous internet-based scams, new frauds appear.
CPAs can help shed light on COVID-19 frauds that affect the elderly by recognizing the dangers, calling their older clients often and sharing prevention information with them. Learn more about these methods here.