Beware of scams claiming to be government grants

THE Australian Competition and Consumer Commission recently issued a public warning notice about the conduct of Australian Business Funding Centre Pty Ltd.

Also known as the Australian Business Financing Centre, the company operates the website www.australian governmentgrants.org

According to the ACCC, the ABFC website and its sales representatives, purport to offer access to an online database of the Australian government grants and loans available to small businesses.

Business owners paid fees to access the database, only to find there were no suitable grants or were ineligible for grants listed.

The ACCC has encouraged small businesses to take care when assessing offers to help them obtaining government grants.

If you've lost money to a scam or have given your personal details to a scammer there are steps you can take straight away to limit the damage and protect yourself from further loss:

Contact your bank or credit union immediately

Recover your stolen identity

Report the scam to the authorities

Alert others to the scam

Change online passwords

Contact your local consumer protection agency

Contact a counselling or support service

Avoid follow-up scams

For more information visit www.scamwatch.gov.au

In other ETC news, the BusinessLeaders lunch with Turia Pitt will be held at Novotel on July 27.

Ms Pitt will share her incredible story of overcoming adversity and the lessons learned along the way.

To book, visit etcltd.com. au or phone 6648 5400.



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