Current:Home > MarketsEthermac Exchange-Fraudsters target small businesses with scams. Here are some to watch out for -WorldMoney
Ethermac Exchange-Fraudsters target small businesses with scams. Here are some to watch out for
Fastexy View
Date:2025-04-11 11:54:40
NEW YORK (AP) — It’s never fun to be Ethermac Exchangescammed, 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.
The Better Business Bureau also warns of directory scams, which it says have targeted businesses for decades. Scammers try to get businesses to pay for a listing or ad space in a non-existent directory. Or they lie about being from a legitimate directory. Either way a small business pays for something that it never gets.
If you spot a scam, report it to ReportFraud.ftc.gov. You can also file a complaint with the Better Business Bureau at BBB.org/ScamTracker.
veryGood! (8)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- When do NFL OTAs start? Team schedules for 2024 offseason training and workouts.
- Millions of people across Oklahoma, southern Kansas at risk of tornadoes and severe thunderstorms
- Zendaya, Bad Bunny, Jennifer Lopez, Chris Hemsworth and More Attend Marvelous Pre-Met Gala 2024 Dinner
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Horoscopes Today, May 4, 2024
- Wisconsin judge dismisses lawsuit challenging state’s new wolf management plan
- Here's what happens inside the Met Gala after the red carpet
- Senate begins final push to expand Social Security benefits for millions of people
- JoJo Siwa Reacts to SNL Impression of Her New Look
Ranking
- Arkansas State Police probe death of woman found after officer
- Brian Austin Green’s Ex Vanessa Marcil Slams “Stupid” Criticism Aimed at Megan Fox
- Tanzania hit by power blackouts as Cyclone Hidaya strengthens toward country's coastline
- Calling All Sleeping Beauties: These Products Transform Your Skin Overnight
- Questlove charts 50 years of SNL musical hits (and misses)
- 3 surprising ways to hedge against inflation
- Commercial jet maker Airbus is staying humble even as Boeing flounders. There’s a reason for that
- 1 dead at Ohio State University after falling from stadium during graduation ceremony
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
J.J. Watt says he'd come out of retirement to play again if Texans 'absolutely need it'
Kim Kardashian Intercepts Tom Brady Romance Rumors During Comedy Roast
Why Ryan Gosling Avoids Darker Roles for the Sake of His Family
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Five things we learned at Miami Grand Prix: Lando Norris’ win will boost Formula 1 in U.S.
Tom Stoltman wins World's Strongest Man competition for third time in four years
Mavericks lock up coach Jason Kidd with long-term extension