Internet Scammer Tells All: FTC Video

In July, 2009, the Federal Trade Commission launched a new effort to crack down on Internet scams of all types: government grant offers, get-rich-quick come-ons, home-based businesses for single moms, guaranteed debt relief, guaranteed foreclosure prevention:

• MSNBC: FTC cracks down on get-rich-quick scams

Well, we here at EducationGrant could drone on about get-rich-quick schemes all day, but identifying grant scams is like playing Whack-A-Mole: for every scam that gets whacked, a new one pops up:

• ABC2 News: SCAM ALERT: Government Grants and Green Dot Cards

Instead, here’s a description of cybercrime right from the horse’s mouth. The subject is fake business opportunities, but it applies equally to education grant scams, mortgage scams, and debt relief scams:

Courtesy of the Federal Trade Commission

Have a safe schoolyear, everyone!