In support of National Consumer Protection Week 2021, the Receivables Management Association International (RMAI) provides the following information. Additional information on this topic and more is available online from the Consumer Financial Protection Bureau.
As the COVID-19 vaccine roll-out continues, it is important to be on the lookout for scams. The Financial Crimes Enforcement Network recently issued new warnings 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 cannot 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.
- You can protect yourself from scams. Do not 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. For more tips, check out the Consumer Financial Protection Bureau’s resources to help you avoid scams and protecting your finances during the coronavirus pandemic.
About the Bureau
The Consumer Financial Protection Bureau is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives.
About Receivables Management Association International:
Receivables Management Association International (RMAI) is a nonprofit trade association representing more than 550 companies that purchase or support the purchase of performing and nonperforming receivables on the secondary market. The Receivables Management Certification Program and Code of Ethics set the global standard within the receivables industry due to the rigorous uniform standards of best practice which focus on the protecting consumers. More information about RMAI is available at www.rmaintl.org.