SBA Issues Warning about Stimulus Scam

The U.S. Small Business Administration is warning business owners about a “phishing” scam. The federal agency said fraudulent letters, printed with what appears to be an SBA letterhead, were sent to small businesses across the country.

The letters tell recipients that they may be eligible for a tax rebate under the Economic Stimulus Act, and that the SBA is assessing their eligibility for such a rebate. It then asks them to provide bank account information.

The SBA said the letters have not been sent by or authorized by the agency, and that businesses are “strongly advised” not to respond to them.

Posted 2/24/09