Economic Stimulus

Economic Stimulus: How The Scam Works

This scam has been making a comeback this month, due to the insanely COVID-19 crisis. Typically, you receive a message, text or a voicemail informing that the country’s economy finally recorded a surplus at the end of last year, well-deserved after the crisis – and there is money to be given away as an economic stimulus. However, now the scam has inversed the scenario, announcing that you can benefit from the stimulus by applying for financial assistance during the Coronavirus pandemic.

The recipients of the message are encouraged to visit a website where they should register and check for eligibility, to get the money. If you get accepted (everybody is) the scammers also require you to pay a “governmental” tax in order to receive the big fat stimulus check.

Watch the video below to see in action a different variation of the Economic Stimulus scam exposed:

Economic Stimulus Scam Video

 

Economic Stimulus Scam: How to Avoid

Do not fall for this scam; this is not how official economic stimulus plans are announced. Here is the official list with Government grants for individuals and businesses, as well as many financial assistance links for citizens from the US, UK, Canada and Australia.

Check the daily newspapers, whether is online or on paper. News from the Government doesn’t come via phone calls.

 

Economic Stimulus Scam: How to Report

Make your family and friends aware of the Economic Stimulus Scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission (FTC) using the link below:

Report To The FTC Here

 

How to protect yourself more:

If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You’ll receive periodical emails and we promise not to spam. Last but not least, use the Comments section below to expose other scammers.


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Terry Balawender

Telephone call 4/9/2012 from "Go Green Initiative Funding" sponsored by the Dept of Energy and local utility service providers. Set up a 1 hour home visit with their agent to determine eligibility for $5,000 in govt. rebates. Qualifiers must own their own homes and agree not to sell within 3 years, provide electric bills and meet with their agent. Unable to find any info from APS or Dept of Energy on this program. Is this a scam or legit?

Sorin

Terry, I would say definitely call the Dept of Energy. The fact that they don’t have anything on their website should determine you to contact them for sure. Hopefully it’s legit, but there is a good chance it’s not. Let me know, I’m very curious.

Deanna

My phone doesnt even show im getting a call, but then i get a VM? Listen to vm and i get half a message about a financial stimulus to press 1. Since there No number showing then there is No way for me to report or block these calls.

Dena C

I too got call on my cell didnt RING! This is your last time we will call you.It was the FIRST time. There number is 616-613-2126 ANYBODY??

rolyanm

On August 1, 2013, I got the same call, but I have caller ID and the caller was from Zeeland, MI –Telephone number 616-613-2227

RoyBob

I get this call 2 times a day,we are on a Do not call list,how can we find out who they are,class action suit,???????

Ellen

I got a call twice from 616-980-2063, TN Removal Services. In looking up the number it says Grand Rapids, MI. The recorded message that "this call is for the financial stimulus, take advantage before the next billing cycle, this is your final notice".

They don’t call that often, but it obviously won’t be the last time that they call.

Maria

I keep receiving these calls and its so stupid…obviously anyone can tell its a scam because they leave the msg."This is your last chance for the stimulus package, so far I have received 7 last chances? The msg is a recording probably obtained from a legitimate source to make it seem real. Good thing we are smarter than the idiots making the calls. I don’t answer any number that I don’t recognize, so scammers, save your energy.. I also have reported this to the Attorney General’s office.

Debbie

I’ve received 4 calls telling me this is your last chance for the stimulus package. The message never completely records but it’s obvious it’s a scam. I don’t have caller ID so how would I report these calls?

EXASPERATED

So tired of continually receiving these same unwanted phone calls!

For each and every unwanted call, please report at both Federal Communications Commission (FCC) websites.

‘Squeaky wheel gets the grease.’ Please squeak loud!

http://www.fcc.gov/complaints

https://esupport.fcc.gov/ccmsforms/form1088.action

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