Tuesday, June 7, 2016

HUD watchdog warns of scammers offering phony housing grants

The Department of Housing and Urban Development’s watchdog is warning consumers to be on the lookout for a scam that promises HUD grant money in exchange for an upfront fee. In each case, the “HUD representative” asks the consumers for an upfront fee in order to process and secure a “HUD grant” for tens of thousands of dollars, but there is no grant money to be had.

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