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As Mom always said, “If it sounds too good to be true, it probably is.”
Key points
- Social media is the ideal place for scammers to find victims.
- At the moment, there is no news of new stimulus on the way.
If you get your news from social media, stop. It’s there that scammers find their most receptive audience, people who not only fall for scams but cheerfully pass them along to their friends. Take these three ridiculous cases for example. Each scam or hoax is specifically designed to separate you from your money.
1. Ridiculous Facebook video
On Feb. 15, a split-screen video began to circulate on Facebook. On one side of the screen was President Joe Biden giving a speech. On the other, the president was “signing an executive order.” Someone (pretending to be Biden but sounding nothing like him), says, “Some people will start seeing those direct deposits in their bank accounts this weekend. Payments to eligible Americans will continue throughout the course of the next several weeks.”
It’s tough to say what’s worse: The fact that someone went to the trouble to put the video together and get people’s hope up, or that anyone believed the hoax. It did not take a lot of effort…
