BBB warns of new scam
JACKSON — The Better Business Bureau Mississippi (BBB Mississippi) warns consumers that scam artists, claiming to represent a federal agency, are telling them that they have been selected to receive government grants, often ranging from $10,000-30,000.
“The scammers are saying that processing fees, ranging from $250-500, must be paid to receive the grant money,” said Bill Moak, president/CEO of BBB Mississippi. “In response, some individuals have provided bank account information while others have wired money. According to every report, that fee is the only money that ever changes hands.”
The BBB is reminding consumers that government grants are not entitlements or benefits, are not federal assistance or loans to individuals, have no processing fees and are not issued for personal use.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- McDaniel files legal arguments as he looks to overturn Cochran loss
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- UMMC reaching out after death of high school football player
- UPDATED: Jackson agrees to repay HUD $1.5 million for Farish Street blunders
- Fitch gives Mississippi Power a negative outlook due to Kemper plant
- Mississippi River mayors announce 'seed money' for waterfront developments
- Payday lender expects clean bill from regulators