In the midst of catastrophic events, such as the one we’re all experiencing now with the Coronavirus epidemic, many opportunistic predators are, at this time, developing schemes to exploit the most vulnerable and the most fearful of our population.

The Federal Trade Commission and the Food and Drug Administration have already found numerous websites from companies that are making claims that their products will cure and/or prevent coronavirus. They’ve also found investment opportunity schemes, in which companies are claiming that they have found the best ways to detect Coronavirus and that their stocks will dramatically increase in value. I’m sure we’ll all be seeing the Charity scams coming out soon.

It’s very important to remember that until we can actually develop a scientifically approved vaccine or drug for the treatment and/or prevention of Coronavirus, we cannot trust that any product will protect you from this illness. We all must practice good social distancing, good handwashing techniques, and proper ways to cover a cough or sneeze.

Remember: Do NOT click on any links attached to unsolicited emails you receive from companies claiming they have a cure or vaccine already developed. Do NOT at this time make donations to any Charities that ask you to QUICKLY SEND cash, gift cards, or a money wire until you’ve researched the Charity through the BBB Wise Giving Alliance, Guidestar, Charity Navigator, or CharityWatch. When it comes to investments, ALWAYS check the company and investment product with the United States Securities and Exchange Commission.

Stay well and stay safe.