Federal Trade Commission Warns On Stimulus Spyware And Scams

Federal Trade Commission Warns On Stimulus Spyware And Scams

The Federal Trade Commission has issued warnings to consumers regarding the sharp uptick in the number of scams related to federal bailout funds. The FTC says that consumers are being misled to believe that they can receive bailout funds by participating in a grant program. They’re also being infected with spyware and other malware at rogue Web sites.

According to the FTC, most scams aim to collect personal information that can later be used to steal that person’s identity. Other scams try to entice users to visit phony “government” web sites that upload spyware and other malware to the user’s computer. Of particular concern to the FTC are emails and Web sites that promise to deposit stimulus funds into the victim’s bank account. After providing the requested bank information, the victim’s accounts are drained instead.

Still other scams include those that offer “business kits” or “grant kits” that are sent to the applicant for a nominal processing fee. In the fine print, however, these sites indicate that the user is signing up for recurring monthly charges of $50-$100 for access to an “online resource center.” According to the FTC, a consumer could be on the hook for more than $1,000 each year as the result of signing up for one of these fraudulent schemes.

What Should You Do If You Get Taken?

If you’ve been taken advantage of by schemes like this, your first recourse is through your credit card issuer. If the charges are being made violate the merchant agreement made between your credit card company and the scammer, you can get your funds returned. Follow the procedure the issuer provides to dispute the bogus charges.

If your computer gets infected with spyware or other malware, your first recourse should be Spyware Doctor. Spyware Doctor can be installed on your computer in just minutes, and is the most well-recognized and respected spyware removal tool available today. Spyware Doctor has won a large number of awards and has been downloaded by millions of users who swear by the protection it offers.

Spyware Doctor doesn’t just clean up the mess that these nasty spyware packages leave behind. It offers real-time protection from spyware infections to prevent your computer from being infected in the first place. Web surfing can be fun and entertaining. It can also allow you to take advantage of services offered by vendors all over the world, but it can also put you at risk. Eliminate your risk of being infected with some of today’s nastiest malware by making sure Spyware Doctor protects your computer.

Photo Credit: Kenneth Lu