Fraudsters target small businesses with scams. Here are some to watch out for
NEW YORK (AP) — It’s never fun to be scammed, 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.
Related articles
China sanctions former US lawmaker who supported Taiwan
BEIJING (AP) — China on Tuesday sanctioned Mike Gallagher, a former Republican member of Congress fr2024-05-22- LOUISVILLE, Ky. (AP) — A hole-by-hole look at Valhalla Golf Club, site of the 106th PGA Championship2024-05-22
Romanian court extends judicial measures against online influencer awaiting human trafficking trial
BUCHAREST, Romania (AP) — A court in Romania’s capital on Friday extended geographical restrictions2024-05-22A campaign ad by a South African party showing a burning flag is called treason by the president
CAPE TOWN, South Africa (AP) — A campaign video for South Africa’s opposition party showing the coun2024-05-22Seoul AI summit opens with companies including Google, Meta, OpenAI pledging to develop AI safely
SEOUL, South Korea (AP) — The world’s leading artificial intelligence companies pledged at the start2024-05-22Ancelotti faces goalkeeper dilemma ahead of Champions League final. Courtois or Lunin?
BARCELONA, Spain (AP) — Real Madrid coach Carlo Ancelotti will give Thibaut Courtois another chance2024-05-22
atest comment