Broker Check

Coronavirus Scams

| April 13, 2020

Scammers are taking advantage of fears surrounding the Coronavirus.

Avoid Coronavirus ScamsInfographic for Keep Calm and Avoid Coronavirus Scams

What the FTC is Doing

The FTC and FDA have jointly issued warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. The companies’ products include teas, essential oils, and colloidal silver.

The FTC says the companies have no evidence to back up their claims — as required by law. The FDA says there are no approved vaccines, drugs or investigational products currently available to treat or prevent the virus. Read more about the warning letters.

Law Enforcement Actions

Blog Posts

Scammy Calls About the Coronavirus

Recordings courtesy of Nomorobo.

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Other FTC Activities

Learn more about the agency’s response to the Coronavirus, including how the agency is addressing competition matters.