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Government Grants Infomercial Scam

By Joyce in NE

I fell for an infomercial that offered tools for only $3.95 to help you apply for thousands of dollars in federal grants that never had to be repaid.

A friend advised me that their friend ordered it and was billed about $75 per month. I thought if it got me $20,000 or so, I would be glad to pay them $75 per month. When I got the CD, I gave it to my son to check out. He said it was worthless, and we never applied for anything. However, on my next three bank statements (I had put the $3.95 on my bank card), I was billed $74.93 for grants. I called and was informed this was stated in the CD information, but when I asked my son, he said he saw nothing about it.

I demanded they refund all of the money, and they told me it would be credited immediately. It's been 10 days and zero has been credited. Beware!

Learn more about the major scams to avoid.

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Ramsey Solutions

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners.

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