05 Mar Beware Free Money from the Government
Livetech partnered with AARP Fraud Watch Network to produce a microlearning on government grant scams.
Many Americans need money to cover repairs, return to college, start a business, or pay down a mortgage, so scammers disguise themselves as government officials shelling out free money.
In 2011, the Federal Trade Commission won a 29.8 million dollar settlement against Grant Connect, a bogus company claiming to help consumers secure free government grants. And in 2013, 1.7 million dollars was refunded to nearly 23,000 consumers preyed upon by Grant Connect.
Yet, most victims of the government grant scam don’t have a happy ending.
Watch this video to find out how you can protect yourself and your loved ones from the government grant scam.