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08/02/2021

Parents beware: Fraudsters eyeing child tax credit in next Covid relief scam

KOAA News 5

COLORADO SPRINGS — Using pandemic related schemes fraudsters have managed to steal almost $500 million from hundreds of thousands of Americans who say they fell for it. News5 takes a deep dive into the latest Covid relief scam and it's one parents should know about.

Since the start of the pandemic people have lost on average $366 to fraudsters peddling Covid-related scams. When stimulus checks and PPP loans rolled out scammers took individuals and businesses for millions of dollars. Now they're setting their sights on those child tax credit payments.

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