WARNING: Woman Lost $30,000 After Falling For This Scam
Dottie Morales trusted her Facebook friend was telling the truth when she said she'd be able to afford a home of her own with a government grant. Unfortunately for Dottie, it turned out to be a scam. Here's what you need to know so you don't fall for the same scam.
Dottie was tired of living in an apartment & she so wished for a new double wide trailer to live in. So when a Facebook "friend" told her that she had just been granted a new home loan, Dottie was excited to apply for her own loan. She fell for the scam after she was told she'd be able to get a home for a loan, but needed to supply a $1,500 advance processing fee to a supposed government grant claim agent. Then before she knew it, there were more & more fees that needed to be paid before she could get the loan. The "loan agent" assured Dottie that he was a man of God & would never scam her. Her willingness to trust & his claim of being a man of God lead Dottie to ignore her sense that something wasn't right. Sadly, that cost her over $30,000. Here are the warning signs to look out for...
- If you've been contacted about a government grant, take that as a red flag because the government will never reach out to you to offer you a loan.
- Also, government grants are not meant for individuals. They're for the greater good, like nonprofits, community leaders and researchers.
CLICK HERE for more information on government grant scams.