Scam reported from the Small Business Administration

The Small Business Administration issued a scam alert that letters are being sent out on official looking letterhead purporting to be from the SBA telling small-business owners they might be eligible for tax rebates under the Economic Stimulus plan. The letter asks the business owner to send in their bank account information and the SBA is advising Small Business not to respond or send any information out. These letters are fraud and did not come from their office.

This is another scam to try and get money and empty bank accounts from unsuspecting victims. It is unfortunate that during these hard economic times people are still out there scamming and have chosen to target small business owners who may be barely staying afloat just shows the extent these scammers are willing to go to.

If you receive a letter purporting to be from the SBA you are being asked to contact the SBA through email at OIGHotline@sba.gov and send them any information you have. By working together hopefully we can catch these scammers before Small Business Owners loose their bank accounts.