Monday, November 2, 2009

Obama and the Flim Flam Man

No, this isn't a political post - as a business person I focus on commerce rather than the body politic. Today's political headlines are providing ample fodder for my least favorite form of commerce - scams. There is nothing like a downturn to bring out the scum-buckets and scam artists.

Regular announcements by the President and press releases from various government offices are providing Americans with hope for a better economy but these same announcements provide a new language for scammers to use to dupe the unwary.

"Get your $12,000 stimulus check," "Stimulus grants for your business," and "Stimulus loans for start-ups" are just a few of the baited phrases the scammers are dangling while angling for YOUR hard earned cash.

Whenever assessing the validity of any offer, just perform this simple test - does money flow from them to you, or is there some form of payment or private information required?Throughout the SBA application process, the applicant is NEVER required to pay any up-front fees.

Here are some more in-depth articles about the scams making the rounds these days:

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