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Authorities warned that scammers are trying to grab Americans' stimulus checks. So reports CNBC.

road sign 464653 640 smallThe checks are being sent to millions of households as part of a coronavirus relief package passed by Congress and signed into law by the President. The IRS and Federal Trade Commission have warned Americans about fake-check scams, phone scams and e-mail phishing scams involving the stimulus payments. offers some tips on how advisors can help protect clients against scams.   

Separately, Krebs on Security reports about potential vulnerabilities in a new IRS website that allows Americans who don’t normally file taxes to sign up for their stimulus payments.

Read the full article from CNBC.

Last modified on Tuesday, 21 April 2020
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