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Sep 16, 2009 -- FTC takes action against federal stimulus scammers

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.

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What others are saying

  • charles evans
    scaminthis man his name is charles evans he has a oklahoma drivers license, well he is going around telling people lots and lots of people that he is from turning point out of oklahoma and has simulus funds to help with peoples bills, mortgage, car notes you name he says he can pay it for a fee people are giving hime money for him to put 600.00 on bills and suppose to have put 3,000 on my mortgage and the check returned he is going around g hard working people he is using a credit card he said he has been to memphis, texas and now arkansas i wrote down his drivers license number but it is at my god daughters house i will get it and his birthday also he is a black man in his 40's short stocky, wears glases short hair cut trys to talk like he is intellegent trys to come on to women sexualy alot and he tells the the people that takes the payments that he is from turning point and has simulus money
  • Shyster Attorneys Involved
    I kept getting these "chain letters" every time we had contact with this one attorney.

    He is just the type to get into scams.
  • AT&T Scam
    Did you know that if you have internet service with AT&T it includes all the computers on account? For example, if you pay a monthly fee for service it can include your laptop, PC etc by using a router. So why is it that AT&T charges a separate fee for the same internet usage on the I-Phone or other phones that allow internet access? It is the same internet we all use so as consumers we are getting ripped off by AT&T as the consumer pays twice for the same internet service. Your comment to this?
  • scam
    Who's prosecuting our federal government for the stimulus money printing scam they are running on the tax payers?

    This is just another case of the pot calling the kettle black.
  • Old Scam New Market
    Give us more info on Global Pension Plan Scam. A friend was excited about this deal. Sounds like someone should be going to prison
  • @Addisus
    If you applied for the money through the government it should go to you.
  • Financial Aid
    I receiver from Pell received money from a pell grant and Sasllie Maeed Trust how can i no for a fax the money is going to me or to the grant institute whale be
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