Thieves Cashing In On Obama Stimulus Plan

A website has been set up to trick people into believing that they can obtain information on getting in on Government loans or Grant programs in part of the stimulus package by sending $2.95 shipping and handling.

This website, Obamastimulusprogram.com, seems to be a serious misunderstanding where a service is offered but never really fulfilled or carried out. This just isn’t any phishing site, it is one that is exploiting the talked about Obama stimulus plan that has been in the news recently. What some may fail to understand is that no definite specifics have been made about Obama’s stimulus plan but this website seems to make you think that they have all of the answers. If you pay your $2.95 you will get an abundance of information on the new plan including government loans and grants. Sounds too good to be true. Too bad it is.

Obamastimulusprogram.com is an outright scam but to many it may seem like a dream come true when they can get information on a grant where they could pay off their home or pay down some debt. In the struggling economy sites that offer “help” to those in need become popular but some can be a nightmare if it takes your money in return for nothing.

Details on Obamastimulusprogram.com will reveal that it was registered anonymously and very creative in that it is very deceptive. You may find CNN logos and other graphic seals that make it look authentic. You must remember that deceptive sites have a main objective and that is to trick you out of money. $2.95 may not seem like a lot but if you add up hundreds to thousands of people that may become victim to this trick it will come to a considerable amount. $2.95 may turn into a years salary for someone hurting during this tough economic time yet they may also get caught for fraud. It may be said, it does not pay to commit crime.

Below are text paragraphs and two images of the Obamastimulusprogram.com web page.

images source: security labs blog

“Immediate Action To Help You

Tax cuts are one means of providing economic relief to those in need and will be part of the recovery plan for America. However, Government Grants will also play a vital role as a means to swiftly provide assistance to those who could use financial assistance. Unlike a loan these Government Grants provide funds which do not need to be repaid and can be used for virtually any purpose including:

* pay off many forms of debt
* consolidate debt
* provide mortgage assistance or prevent foreclosure
* purchase a new home
* start a new business or assist with an existing business
* pay off student loans or assist new students with obtaining a degree

If there is a bill out there that needs to be paid there is most likely funding now available that will be able to cover it.”

Have you even heard of the Obamastimulusprogram.com web site? If so, make sure you do not fall victim to the tricks offered by this deceiving site.