Free Grant Money Scams

March 3, 2008

One of the biggest financial aid scams floating around the world today is a scam known as the free grant money scam. This scam comes by way of a letter in the mail that claims to offer people help with paying off their debt or their unpaid college tuition. The company will send a check to the individual with the instructions to deposit the check and wire a small percentage back to the company. Many people don’t realize that the check is a fake due to its realistic appearance. If you receive an offer like this in the mail, it’s probably a scam and should be avoided.

Leave a Reply