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Topic: Stimulus Plan Scams

FTC warns consumers about economic stimulus scams


Have you found email messages in your inbox that extol you to take advantage of Stimulus Plan grants available for you to help kick start the economy?

moneyPerhaps they claim to be able to help you file for Stimulus Plan grant money if you pay a fee of just $1.99, or $12.00 or some such low-ball figure. Even $25.00 for the opportunity to get $50,000 doesn’t sound like a bad bargain. Or maybe you’ve seen ads on the web that claim to be able to get your share of Stimulus Plan money or grants or no-pay-back loans. All this money is available from the Stimulus Plan to help restart the American economy, or so they claim. But wait, not so fast there, Slim! There’s more to the story here.

From the Federal Trade Commission:

The FTC is warning consumers that they could get stung by an economic stimulus scam.  The scams come in different forms.

Right now, on the Web and in e-mail, scammers are telling consumers they can help them qualify for a payment from President Obama’s economic stimulus package.  All they have to do is provide a little information or a small payment. «Read the rest of this article»


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      December 2020
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