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Tue May 12, 2020, 12:48 PM

Virus unleashes wave of fraud in US amid fear and scarcity

WASHINGTON (AP) A 39-year-old former investment manager in Georgia was already facing federal charges that he robbed hundreds of retirees of their savings through a Ponzi scheme when the rapid spread of COVID-19 presented an opportunity.

Christopher A. Parris started pitching himself as a broker of surgical masks amid the nationwide scramble for protective equipment in those first desperate weeks of the outbreak, federal authorities said. Within weeks, Parris was making millions of dollars on sales orders.

Except there were no masks.

Law enforcement officials say Parris is part of what they are calling a wave of fraud tied to the outbreak.

https://www.msn.com/en-us/news/crime/virus-unleashes-wave-of-fraud-in-us-amid-fear-and-scarcity/ar-BB13WNiL?li=BBnbcA1

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