COVID-19 vaccine scams

As the COVID-19 vaccine roll-out continues, it’s important to be on the lookout for scams. The Financial Crimes Enforcement Network (FINCEN) recently issued a new warning about vaccine scams:

• Beware of scams offering early access to vaccines for a fee.
• Keep an eye out for phishing scams where scammers email or text you with phony vaccine information.
• Steer clear of scammers trying to sell fake versions of vaccines.

Here are the facts:

• You can't pay to get early access to the vaccine.
• Medicare covers the cost of the COVID-19 vaccine. COVID-19 vaccines are also free to others throughout the country, although providers may charge an administration fee.
• Don't share your personal or financial information if someone calls, texts, or emails you promising to get you the vaccine for a fee.

For the latest vaccine updates, check with the Centers for Disease Control & Prevention (CDC). To learn more about how to manage your finances during the pandemic, visit consumerfinance.gov/coronavirus. For tips on how to avoid common scams, check out the CFPB’s fraud prevention resources.