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3/18/2009

Don't Fall for Stimulus Plan Schemes
by Laura Fine, Assistant State Director

The Obama Stimulus Package has led to a significant increase in the number of internet and e-mail schemes to get your money. Do not be fooled by offers telling you how to get free government money to start your business or to pay off your individual debt. There is not free money available for this! Several Web sites and internet ads state that free government grants are available and will even show you pictures of people who have received their checks. This is all a scam.

Typically, these sites try to sell you a book or CD that will tell you how to get your free money. Some are even offering these resources free, but you have to pay $1.98 in shipping with your credit card to get it.

For more information on this topic, read the article written by Jarrett Byrom of the Small Business Development Center National Information Clearinghouse (SBDCNet) at:

http://sbdcnet.org/sbdcs-in-the-news/scam-alert-there-are-no-obama-stimulus-checks-or-grants.php

The Arkansas Small Business and Technology Development Center also has an article, Small Business Grant Information, on its website describing the myths and facts about small business grants.

http://asbtdc.ualr.edu/business-information/510-grant-information.asp

Contact the Consumer Protection Division of the Arkansas Attorney General's Office to report scams of this nature at: (800) 682-2007 and visit their Web site at: http://ag.arkansas.gov/consumers_protection.html for postings of scam alerts.


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The Arkansas Small Business and Technology Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status, or disability.