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Grant and loan fraud

POSTED IN ADVICE ON MONDAY, APRIL 20, 2020

Businesses are targets for stimulus fraud too.

The Small Business Administration has issued a warning to small-business owners over fraud related to the Coronavirus (COVID-19) pandemic.

Scammers are using new assistance programs and uncertainty around the pandemic to target individuals and businesses with phishing emails and other types of fraud. Business owners may receive communication falsely claiming to be related to financial assistance from the government or their lenders.

To learn more about what to watch out for and how to protect yourself, see the Small Business Administration's full report.

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