Business owners in disaster areas should be wary of possible scams

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Consumer Financial Protection Bureau News

Jennifer Butler,Federal Trade Commission,Disaster Relief

NEW YORK (AP) — The devastation of Hurricanes Milton and Helene have opened the floodgates for people seeking disaster relief. Along with that comes the...

NEW YORK — The devastation of Hurricanes Milton and Helene have opened the floodgates for people seeking disaster relief. Along with that comesSmall business owners should stay alert too and recognize that the scammers can strike both online and in person.

“Always ask for ID, documentation, those kinds of things,” Butler said. No one should be asking for payment up front, particularly anyone that says they're from a government organization such as the Small Business Administration. “Make sure you’re not paying anybody to help you if they’re saying that they’re from the federal government,” she added.in the area who are posing as Federal Emergency Management Agency officials and trying to get financial information from the storm’s victims.

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