Financial Crime World

US Virgin Islands Warns of COVID-19 Scams as Economic Impact Payments Loom

As the US Virgin Islands prepares to distribute economic impact payments to eligible taxpayers in May, top law enforcement officials are sounding the alarm about potential scams related to the COVID-19 pandemic.

Warning Signs of Fraud

  • Beware of Suspicious Calls and Texts: Officials warn that fraudsters will contact you to verify payment details or ask for personal information. Hang up if you receive a suspicious call, and delete texts and emails claiming you can get your money faster by sending personal information or clicking on links.
  • Be Cautious of Bogus Checks: Legitimate checks may take weeks to be mailed out. Be wary of fake checks and do not provide bank account, debit account, or PayPal information.

Official Guidance

The US Attorney, Internal Revenue Service (IRS), Virgin Islands Bureau of Internal Revenue, and Department of Justice have issued the following guidance:

  • Do Not Give Out Personal Information: Neither the IRS nor the Bureau will call to verify payment details. Do not provide bank account, debit account, or PayPal information.
  • Report Suspicious Activity: Stay connected with law enforcement, family, and friends about any suspicious activity involving fraud or financial scams.

Accountability

US Attorney Gretchen C.F. Shappert warned that fraudsters who prey on vulnerable victims will be held accountable for their criminal conduct. “Federal law enforcement and federal prosecutors urge the public to be aware of scams associated with the COVID-19 crisis and schemes designed to interfere with receipt of legitimate federal tax refunds and COVID-19 economic impact payments,” she said.

Additional Resources

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