NEW YORK (WABC) -- The latest round of $600 stimulus payments has begun to arrive either in your bank account or by mail. That will continue until the middle of the month. But with precious funds at stake, fraud isn't far behind. The Federal Trade Commission reported a whopping $211 million has been lost to COVID-19 scams and stimulus payment fraud. As the second payments are rolling out, it's time to protect your funds from a second round of fraud. Beware of unsolicited emails. The subject is "IRS relief funds claim." That's a red flag since the IRS will not email you.