Scammers Defraud Small-Biz Owner in Arrest Warrant Scam
Update: 2024-05-17
Description
The pandemic is tough for Victor’s small business, but the loan he receives from the Paycheck Protection Program is a lifeline. Years later, he receives a call from someone claiming to be from the sheriff’s office. The caller says Victor's loan application has been flagged as fraudulent and he must pay the money back right away or face arrest. Victor doesn’t realize that his loan information is public and easily accessible to scammers, who use it to their advantage.
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