Grant and loan fraud
Businesses are targets for stimulus fraud too.
Published Monday, April 20, 2020 to Advice
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.