Q:

Is there such a thing as free federal government money giveaway?

A:

Quick Answer

According to the Federal Trade Commission, it is very unlikely to get money for nothing, and there are many scam artists who may take advantage of consumers by offering free government money. Official government grants are listed at Grants.gov.

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Full Answer

The FTC also gives advice on how consumers can protect themselves from scams, including never giving out bank information to an unknown person, not paying a fee for a government grant, and staying alert for look-alike grants. Consumers may also place themselves on the National Do Not Call Registry and can file a complaint with the FTC online or by phone if they believe they have been a victim of government grant scams.

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