Threatening events (hurricanes, disease outbreaks, famines) are associated with an upsurge of conspiracy beliefs that provide people with simple explanations to tackle the feelings of anxiety and lack of control. In our study (N = 783), conducted shortly after the first cases of COVID-19 were identified in our country, we examined whether people with higher anxiety and lack of control concerning the pandemic adopt more conspiracy beliefs about the origin, spread and potential cure of the new coronavirus. We also tested whether the rise of coronavirus-specific conspiracy beliefs is associated with the endorsement of generic epistemically suspect (i.e. paranormal, conspiracy, and pseudoscientific) beliefs as well. Our results show that higher perception of risk and lower trust in institutions concerning the COVID-19 pandemic were related to the feelings of anxiety and lack of control which in turn predicted an increase in coronavirus-specific conspiracy beliefs. Importantly, these beliefs were further related to the higher endorsement of generic paranormal, conspiracy, and pseudoscientific beliefs. The results show how threatening events, such as the current pandemic, lead to a rise in various epistemically suspect beliefs by increasing people’s feelings of anxiety and lack of control.