Fraud During the COVID-19 Pandemic -

As the COVID-19 pandemic continues to alter daily life across the globe, reports of pandemic-related fraud are increasing. With the World Health Organization (WHO) declaring a “news infodemic” to coincide with the COVID-19 pandemic, an array of misinformation and scams are arising. Similar to those that surfaced in the 2008 financial crisis, some businesses have preyed upon consumer fear of uncertainty. From fraudulent treatments to phishing attacks, unsolicited robocalls and investment scams, the increase in fraud and deceptive advertising is drawing the attention of enforcers. As such, it is increasingly important for companies to carefully review consumer advertising efforts as regulators heighten their oversight of potential fraud or infringement on consumer rights during the pandemic.