Robocallers are using the coronavirus pandemic to scam Americans out of hundreds of millions of dollars.
Robocalls increased more than eightfold in the final weeks of March, as lawmakers approved the $2 trillion CARES act, which includes a $1,200 stimulus payment to Americans below a certain income threshold.From the week of March 16, when the coronavirus-related scams first began occurring, to the week of March 23, call volumes surged 844%, according to data tracked by Hiya, a company whose mobile apps help identify potentially fraudulent calls. The following week saw a continued increase of 73%.
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