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Finance sector warned of Covid-19 vaccine fraud

Fraudsters have offered to provide individuals with a vaccine sooner than provided under authorised distribution plans

The Treasury Department alerted financial institutions to fraud related to Covid-19 vaccines, warning of ransomware attacks that target vaccine delivery operations and supply chains.

The Treasury’s Financial Crimes Enforcement Network cautioned on 28 December of an array of vaccine-related crimes, including the sale of unapproved, counterfeit or illegally marketed vaccines. In addition, fraudsters have offered to provide individuals with a vaccine sooner than provided under authorised distribution plans, FinCEN said.

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