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Government Grant Scam

Readers, Beware of Fake Calls Giving Money Away

As our mandate is to educate our readers about the latest financial fraud cases, we have a new one. A fake $7,000 government grant is offered via a phone call by scammers impersonating the federal authorities. Free money from the Government is always nice to have, but watch out for this scam. It even involves a Steam card, if you know what that is. Let's take a look.

Imagine this: you get a call from someone claiming to be from the government and informing you that, because of some new specific laws and regulations, you are eligible to receive $7,000. That's a grant, which is money that you don't have to return.

The only conditions for you to fully qualify are that you don't have a criminal record, didn't go bankrupt the last 6 months, and have been a loyal citizen for the government. Furthermore, you can use the money for a good purpose, to start a business or an education stage. To make sure you can receive the grant, a full conversation is being established.

But how does the Government Grant Scam work? Watch the video below to see it exposed:


How To Avoid

If you want to protect yourself from scams like these you just never have to give your personal data to anyone you don't know. You can't win money for things you didn't apply for. Call his bluff or just hang up the phone.

If you want to play with someone who calls to say you won money, just ask him/her to send you a valid check, just like the real grants come. Don't give your real address, maybe just your work's address. Free money from the Government don't come that easy.


How To Report

Make your family and friends aware of this scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:

Report To The FTC Here


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