← All regulatory updates

Utah Department of Financial Institutions · UT

Consumer Alert: COVID-19 Scams

March 31, 2020

Summary

The Utah Department of Financial Institutions issued a consumer alert warning about COVID-19-related financial scams. Financial institutions are encouraged to direct customers to reputable resources provided by the CSBS and FTC to help prevent fraud and identity theft.

Consumer Alert: COVID-19 Scams

Scammers are using the COVID-19 / coronavirus outbreak to take advantage of people. You can protect yourself before you give someone any money or personal information by taking the following steps:

We also suggest you read about potential scams to see if your situation is similar to any known scams. Here are a couple websites that explain known COVID-19 scams.

COVID-19 Financial Scams: Conference of State Bank Supervisors COVID-19 Consumer Resources https://www.csbs.org/covid-19-consumer-resources

How to avoid Coronavirus Scams: Federal Trade Commission Coronavirus Scams https://www.consumer.ftc.gov/features/coronavirus-scams-what-ftc-doing

The Utah Department of Financial Institutions is committed to serve as a source of information and assistance with all forms of banking products and services. If you have a complaint about a financial institution, we can help. Please call us at 801-538-8830 or email us at complaints.dfi@utah.gov.

Source: https://dfi.utah.gov/resources/news/

Common questions

What does "Consumer Alert: COVID-19 Scams" cover?
The Utah Department of Financial Institutions issued a consumer alert warning about COVID-19-related financial scams. Financial institutions are…
Which agency issued this update?
This update was issued by Utah Department of Financial Institutions.
When was it published?
It was published on March 31, 2020.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.

Related updates