New COVID-19 email scam targets small business owners
WLS
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CHICAGO (WLS) -- The federal government has a warning about new COVID-19 scam that's targeting small business.
The Federal Trade Commission says this new COVID-19 scam is making its rounds and it starts with an email that could entice some small business owners.
The FTC says the email claims to be from the Small Business Administration Office of Disaster Assistance.
It says you're eligible for a loan of up to $250,0000 and asks for personal information like birth date and Social Security number.
The government warns this is an attempt to steal your personal information and possibly your money...and that legitimate lenders would never tell you that you're automatically eligible for a big loan.