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Free money always comes at a cost. Many are now learning this the hard way, as scammers are increasingly trying to trick potential victims with offers of fraudulent government grants. Consider: 5 ...
Image source: Getty Images. Business impersonation scams are the most reported type of financial fraud. According to a May report by the Federal Trade Commission (FTC), about 332,000 people fell ...
One scam gathering steam is the "government grant" scheme. You simply pay a few dollars for a "grant kit," and you can be quickly on your way to getting free money from Uncle Sam.
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
Grant, along with his sons, invested $200,000 of capital to the firm (Grant & Ward), and the financial operations were left entirely to Ward. After a number of bad investments erased the Grants' initial stake, Ward hid the loss by falsifying the firm's ledgers, and turned to a Ponzi scheme to attract new money and heighten the firm's reputation.
• Don't use internet search engines to find AOL contact info, as they may lead you to malicious websites and support scams. Always go directly to AOL Help Central for legitimate AOL customer support. • Never click suspicious-looking links. Hover over hyperlinks with your cursor to preview the destination URL.
Government grant scams Scammers contact you through phone calls, texts, emails, and primarily social media. No matter the method of contact, the message is similar: the government is awarding ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
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