Bbb Watch Out For Government Grant Scams

Bbb Watch Out For Government Grant Scams Scammers ask you for information or money. government grant scammers might start by asking for personal information, like your social security number, to see if you “qualify” for the grant (you will). then they’ll ask for your bank account information — maybe to deposit “grant money” into your account or to pay up front fees. This scam promises you free money in the form of a government grant. all you have to do is pay a fee. how the scam works: scammers contact you through phone calls, emails, or posts on social media.

Bbb Warns People To Be On Lookout For A New Government Grant Scam See bbb's scams hq and bbb's business scams hq for more alerts and tips to protect yourself, your loved ones, and your business. check out 10 steps to avoid scams. to report a scam, visit bbb scam. The median loss in government grant scams rose from $800 to $1,000, making it one of the more expensive and eighth riskiest scam reported to scam tracker in 2021, according to bbb institute for. How do you know if the grant offer is legitimate or a scam? in this situation, it’s wise to recall two adages: 1) if it appears too good to be true, it probably is, and 2) there is no such thing as a free lunch. according to the u.s. department of justice, fbi and other federal agencies, fake u.s. grant scams are on the rise across the country. If you think you may have been a victim of a government grant scam, file a complaint with the ftc online, or call toll free, 1 877 ftc help (1 877 382 4357); tty: 1 866 653 4261. the ftc enters internet, telemarketing, identity theft, and other fraud related complaints into consumer sentinel, a secure online database available to hundreds of.