Nursing homes illegally taking coronavirus stimulus checks of residents
Hopes of another round of stimulus checks are fading fast, but there are many who haven’t yet got their first check. This includes those who are eligible but the IRS hasn’t sent them checks, and those who didn’t get their check even when the IRS did send it. The second group includes many who live in nursing homes and assisted living facilities, and didn’t get the coronavirus stimulus checks.Q3 2020 hedge fund letters, conferences and moreNursing homes claiming coronavirus stimulus checks of residentsFox29 recently reported a case where a nursing home used the stimulus check of a patient to pa...
Coronavirus contact tracing scam may steal stimulus payment
With the rise in the number of coronavirus cases, the number of coronavirus-related scams is growing as well. We have already heard of many tricksthat scammers are using to dupe Americans. Now scammers are using a new trick, called contact tracing scams, to trick users out of their money, including their coronavirus stimulus payment.Q1 2020 hedge fund letters, conferences and moreContact tracing scams: how do they work?The Federal Trade Commission (FTC) issued a warning last week that fraudsters have developed a new scam involving the states’ contact-tracing initiatives. Lately, the government...