Greg's Corner

Pandemic Loans Exploited in Arrest Warrant Scams

By Greg Collier

Scammers have found a way to exploit yet another avenue, This time it’s pandemic loans. In a sophisticated twist on the classic arrest warrant scam, criminals are now using detailed information about loans granted during the pandemic to make their schemes more convincing. These scams involve impersonating law enforcement officials, creating a sense of urgency, and pressuring victims to pay large sums of money to avoid arrest.

This version of the scam usually begins with a phone call from someone claiming to be a law enforcement officer, often using local sheriff’s offices as a cover. The caller informs the target that they have a warrant for failing to appear in court, usually related to a pandemic-era loan they allegedly received. What makes this scam particularly deceptive is the inclusion of specific information, such as the loan number, the loan amount, and even the name of the issuing bank.

This scam preys on fear, confusion, and the complex nature of pandemic relief programs. Many individuals received financial assistance during the pandemic, often with complex terms and documentation. The scam exploits the anxiety that recipients might have missed an important notice or misunderstood the terms of their loan. Additionally, by providing detailed information that appears legitimate, the scammers build trust and catch their targets off guard.

Victims are typically instructed to make immediate payments to resolve the supposed legal issue, with threats of arrest if they don’t comply. Some may even receive fake paperwork to add credibility to the scheme. These documents, at first glance, look authentic but often contain small errors, such as incorrect court names or postal tracking numbers that don’t align.

This scam is another example of how scammers are leveraging social engineering techniques to gain trust. The use of official-sounding titles, detailed knowledge of personal loans, and realistic-sounding voicemails creates a sense of urgency. Scammers may also follow up with emails or certified mail, further enhancing the illusion of legitimacy.

Law enforcement will never demand money over the phone or threaten arrest for missed payments. Taking time to verify the legitimacy of such claims and closely examining any accompanying paperwork can prevent costly mistakes. Scammers thrive on fear and urgency, and by remaining calm and cautious, individuals can protect themselves from falling victim to these deceptive schemes.

This new variation on the arrest warrant scam highlights the lengths to which scammers will go to exploit public programs and personal fears. Pandemic relief loans, meant to help during difficult times, have now become tools for deception. Staying informed, scrutinizing unsolicited communication, and verifying all claims independently are essential to avoiding these traps. Remember, legitimate law enforcement agencies will never demand immediate payments or threaten you over the phone. Awareness is the first line of defense against falling victim to these evolving scams.