RIP-OFF ALERT: The Federal Trade Commission has filed
nearly 400 actions against scammers promising people easy access to their supposed share of the $787 billion stimulus law.
More than 270,000 businesses and individuals are believed to have already fallen prey to offers of "free government grant money" that can allegedly be used for bills, travel, education, health care and more.
Among the organizations targeted were Grant Connect, LLC; Grant Writers Institute and its telemarketers; and a robocall and website operation working under the name "Cash Grant Institute." Of course, the FTC's reproaches are really just a slap on the wrist. It's not as if they'll result in any jail time for the perpetrators.
Come on, people. Do you really think Uncle Sam has money burning a hole in his pocket for you?! Don't fall for it.