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Bogus Stimulus Promises Turn Out to Be Phishing Scam

We all need to remain constantly aware of the new and more ingenious ways that cyber-criminals are phishing for our personal information. Taking advantage of the current economic climate and the new government stimulus package, con artists are now offering promises of increased and expedited stimulus earnings.

Hustlers lure their hopeful prey with messages directing the target to a Web site where, after paying a registration fee, the purportedly legitimate company will file benefit-seeking documents on the victim's behalf. Once hooked by the scheme, the mark is harangued into paying additional fees and fraudulent charges.

This scam can be particularly damaging because the people most likely to take a chance on promises of money are typically those who can least afford to lose it. Because of this scam's potentially widespread, negative repercussions, both the Federal Trade Commission and the Better Business Bureau have joined the fight against this manipulative scheme.
The FTC warned PC World of the explosion of fake sites, such as PresidentObamaGrants.com and OfficialStimulusGrants.com, and several prominent Web sites are already taking corrective action. Google is on the lookout for evidence of such schemes and Facebook has already started identifying the ads and canceling them. For protection, if you have any questions or concerns about stimulus benefits, check with official government Web sites like Grants.gov or Recovery.gov. Be sure to remain leery of any sites requesting a fee for their services, and, if you receive e-mails pertaining to stimulus money, never open an attached link. [From: Ars Technica]

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Tags: BBB, financial crisis, FinancialCrisis, FTC, grants.gov, phishing, phishing scams, PhishingScams, recovery.gov, scam, security, stimulus check, stimulus package, StimulusCheck, StimulusPackage, top

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