Fake Government Grants — Real Refunds
Nearly 23,000 people who lost money to scammers promising they could help them get free government grants will be getting $1.7 million in refunds, thanks to the efforts of the FTC.
Here’s what you need to know to avoid a similar scam:
- Don’t give out your bank account information to anyone you don’t know
- Don’t pay any money for a “free” government grant
- Know that scammers can fake phone numbers to look like they’re calling from Washington, D.C.
If you have to pay money to claim a “free” government grant, it isn’t really free. A real government agency won’t ask you to pay a processing fee for a grant that you have already been awarded — or to pay for a list of grant-making institutions. The names of agencies and foundations that award grants are available for free at any public library or on the Internet. The only official access point for all federal grant-making agencies is grants.gov.
Read Government Grant Scams for more.