The document warns about common "government grant" scams. Scammers claim to offer free money in the form of a grant, but require bank account information or payment of fees to access the funds. However, legitimate government grants do not require payment of any kind. The summary advises never sharing bank details with unknown entities and confirming the legitimacy of any agencies or programs before providing any personal information.
The document warns about common "government grant" scams. Scammers claim to offer free money in the form of a grant, but require bank account information or payment of fees to access the funds. However, legitimate government grants do not require payment of any kind. The summary advises never sharing bank details with unknown entities and confirming the legitimacy of any agencies or programs before providing any personal information.
The document warns about common "government grant" scams. Scammers claim to offer free money in the form of a grant, but require bank account information or payment of fees to access the funds. However, legitimate government grants do not require payment of any kind. The summary advises never sharing bank details with unknown entities and confirming the legitimacy of any agencies or programs before providing any personal information.
The document warns about common "government grant" scams. Scammers claim to offer free money in the form of a grant, but require bank account information or payment of fees to access the funds. However, legitimate government grants do not require payment of any kind. The summary advises never sharing bank details with unknown entities and confirming the legitimacy of any agencies or programs before providing any personal information.
you have been awarded a free $12,500 government grant! To get your grant, simply give us your checking account information, and we will direct-deposit the grant into your bank account.
Sometimes, it is an ad that claims you will qualify to
receive a “free grant” to pay for education costs, home repairs, home business expenses, or unpaid bills. Other times, it is a phone call supposedly from a “government” agency or some other organization with an official sounding name. In either case, the claim is Following a few basic rules can keep consumers from the same: your application for a grant is guaranteed to losing money to these “government grant” scams: be accepted, and you will never have to pay the money back. • Do not give out your bank account information to anyone you do not know. Scammers pressure Always keep your bank account people to divulge their bank account information information confidential. so that they can steal the money in the account. Always keep your bank account information confidential. Do not share information unless you But, grants offering “money for nothing” are usually are familiar with the company and know why the scams, whether you see them in your local paper or a information is necessary. national magazine, or hear about them on the phone. Some scam artists advertise “free grants” in the • Do not pay money for a “free” government grant. classifieds, inviting readers to call a toll-free number for If you have to pay money, whether by cash, check, more information. Others are bolder: they call you out credit or debit card, wire transfer or prepaid of the blue. They lie about where they are calling from, money card to claim a “free” government grant, it or they claim legitimacy using an official-sounding name is not really free. A real government agency will like the “Federal Grants Administration.” They may ask not ask you to pay a processing fee for a grant that you some basic questions to determine if you “qualify” you have already been awarded – or to pay for a to receive a grant. Calls and come-ons for free money list of grant-making institutions. The names of invariably are rip offs. agencies and foundations that award grants are available for free at any public library or on the Grant scammers generally follow a script: they internet. The only official access point for all congratulate you on your eligibility, then ask for your federal grant-making agencies is: checking account information so they can “deposit your grant directly into your account,” or cover a one-time grants.gov “processing fee.” The caller may even reassure you that you can get a refund if you are not satisfied. In fact, you will never see the grant they promise; they will disappear with your money. • Look-alikes are not the real thing. Just because the caller says he is from the “Federal Grants Administration” does not mean that he is. There is no such government agency. Take a moment to check if the agency is real by doing an online search. • Phone numbers can deceive. Some con artists use technology to disguise their area code in caller ID systems. Although it may look like they are calling from Washington, DC, they could be calling from anywhere in the world. • Take control of the calls you receive. If you want to reduce the number of telemarketing calls you receive, register your home and mobile residential numbers on the National Do Not Call Registry at no cost by visiting: Donotcall.gov 888-382-1222 You must call from the phone number you wish to register. If you are thinking about applying for a grant, remember that the applications are available to you for free and that anyone who guarantees you a grant is likely to be interested in their own financial gain, not yours.
For more information or to file a complaint,
visit our website or contact: Wisconsin Department of Agriculture, Trade and Consumer Protection Bureau of Consumer Protection 2811 Agriculture Drive, PO Box 8911 Madison, WI 53708-8911 Email: [email protected] Website: datcp.wi.gov (800) 422-7128 TTY: (608) 224-5058