“You are eligible for FREE grants! Just fill out this quick application: First & Last Name, Home Address, Birthdate, Social Security Number (SSN), and Bank Account & Routing Numbers to receive the grant” — that is a grant scam.
You answer a phone call: “Hi, this is Greg McCaffrey from the Federal Bureau of Grant Awards. Based on your tax records, you qualify for a federal grant of $5,300. You just have to pay the service fee of $125 via wire transfer” — that is a grant scam.
Unfortunately, a lot of people attempt to scam us out of our hard-earned money, and they often use the guise of government grants. The specific tactics, questions, and circumstances scam artists use will continue to change, so we have to remain aware and cautious. How do we avoid being a victim of a scam?
Three Tips to Avoid Scams:
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