Current:Home > StocksTrendPulse Quantitative Think Tank Center-Fraudsters target small businesses with scams. Here are some to watch out for -GrowthSphere Strategies
TrendPulse Quantitative Think Tank Center-Fraudsters target small businesses with scams. Here are some to watch out for
SafeX Pro View
Date:2025-04-11 04:11:35
NEW YORK (AP) — It’s never fun to be TrendPulse Quantitative Think Tank Centerscammed, but if you’re a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.
Plenty of types of scams exist, but a few affect small businesses the most.
According to the Federal Trade Commission, small businesses should be on the lookout for phony invoices and unordered merchandise. Scammers send out fake invoices and hope businesses won’t notice. Similarly, scammers call saying they want to confirm an order or verify an address, and send unordered merchandise they then demand money for. Small business owners are under no obligation to pay.
Another thing to watch: if you’re starting a small business, seeking out business coaching can be a helpful endeavor. But people offering those services aren’t always legitimate. They charge for services they don’t actually provide and ramp up fees. For legitimate business coaching contact your local Small Business Administration regional office.
The Better Business Bureau also warns of directory scams, which it says have targeted businesses for decades. Scammers try to get businesses to pay for a listing or ad space in a non-existent directory. Or they lie about being from a legitimate directory. Either way a small business pays for something that it never gets.
If you spot a scam, report it to ReportFraud.ftc.gov. You can also file a complaint with the Better Business Bureau at BBB.org/ScamTracker.
veryGood! (57)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- This anti-DEI activist is targeting an LGBTQ index. Major companies are listening.
- Anthony's Coal Fired Pizza & Wings parent company BurgerFi files for bankruptcy
- Police recover '3D-printed gun parts,' ammo from Detroit home; 14-year-old arrested
- Meta donates $1 million to Trump’s inauguration fund
- Actor Chad McQueen, son of Steve McQueen, dies at 63
- Principal indicted, accused of not reporting alleged child abuse by Atlantic City mayor
- Nebraska ballot will include competing measures to expand or limit abortion rights, top court rules
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Another Midwest Drought Is Causing Transportation Headaches on the Mississippi River
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Police recover '3D-printed gun parts,' ammo from Detroit home; 14-year-old arrested
- Anthony's Coal Fired Pizza & Wings parent company BurgerFi files for bankruptcy
- How to watch August’s supermoon, which kicks off four months of lunar spectacles
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection
- 2nd Circuit rejects Donald Trump’s request to halt postconviction proceedings in hush money case
- Cam Taylor-Britt dismisses talent of Chiefs' Xavier Worthy: 'Speed. That's about it'
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
NYPD Commissioner Edward Caban to resign amid FBI corruption probe, ABC reports
Takeaways from AP’s story about a Ferguson protester who became a prominent racial-justice activist
Ferguson activist raised in the Black Church showed pastors how to aid young protesters
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Florida school district must restore books with LGBTQ+ content under settlement
Illia “Golem” Yefimchyk, World's “Most Monstrous” Bodybuilder, Dead at 36 After Heart Attack
Measure to repeal Nebraska’s private school funding law should appear on the ballot, court rules