Fake check scams and your small business
If someone you don’t know sends you a check and asks for money back, that’s a scam. But what if you’re a small business owner and someone “overpays” you and asks you to refund the balance?
If someone you don’t know sends you a check and asks for money back, that’s a scam. But what if you’re a small business owner and someone “overpays” you and asks you to refund the balance?
If you own a small business or work for one, you’ve seen the headlines about financial relief that may be available to some companies through the Small Business Administration (SBA).
Opening a business requires planning, elbow grease, and probably some paperwork to register your new company with your state or local government.
You get a call saying your electricity or water will be shut off unless you pay a past due bill.
At the FTC, our mission is to protect consumers, including small business owners. That’s why, when we see scammers taking money from small businesses, we step in.