FTC ALERT: “You Won A Government Grant”

With social media becoming more and more present in our lives, your BBB® would like to warn small business owners of a Facebook scam that seems to target entrepreneurs. According to the FTC, there have been reports of people getting Facebook messages telling them that they’ve won a government business grant. Some of these messages instructed them to send a text in order to confirm their so-called business grant.

If this happens to you, don’t do it! The scammers are trying to get your phone number and if they do, they will call you repeatedly until you send them money or give out important information. It’s best to just block the sender and not follow their instructions, even if it looks like the message came from a friend. Here are a few important things you need to keep in mind when contacted about a government grant:

  • The government will never use social media to get in touch with you.
  • Actual government grants will never require a payment from their recipients. Avoid all messages, emails or phone calls that ask you for money upfront.
  • Don’t give out your password even if you are told it’s for verification purposes.
  • Warn your employees about this scam so that none of them fall prey and divulge important information that could jeopardize your business.

If you think you’ve been victimized by this scam, report it to the FTC, the BBB and your local authorities.
And remember to check bbb.org/scamtracker to keep up with scams happening in your area.

For more information you can trust, go to bbb.org/Evansville!

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