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ALERT: SCHOLARSHIP TELEMARKETING FRAUD SCHEME

Via E-Mail:

The Department of Education has issued an alert regarding a telemarketing fraud scheme. Persons claiming to be from the Department of Education are calling students and offering them scholarships or grants. These callers request a bank or credit card account number saying the information will be used to charge a $249 processing fee. The Department of Education is advising students to take the following actions if they have given out their financial information:

Immediately contact the bank, explain the situation, and request that the bank monitor or close the compromised account.

Notify the police about the incident; impersonating a federal officer, telemarketing fraud schemes, and identity theft are crimes.

Report the fraud to the U.S. Department of Education, Office of Inspector General hotline at 1-800-MIS-USED (1-800-647-8733) or oig.hotline@ed.gov . Special agents in the Office of Inspector General investigate fraud involving federal education dollars.

Contact the Federal Trade Commission at 1-877-FTC-HELP or http://www.ftc.gov/scholarshipscams/ .

For more information, see the Department of Education website at http://www.ed.gov/about/offices/list/oig/misused/index.html.


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