Follow CBSMIAMI.COM: Facebook | Twitter

NEW YORK (CBSMiami) – The Better Business Bureau is warning small businesses that scams are on the rise.

A new survey found that small businesses are losing more than $7 billion a year. The Federal Trade Commission and Better Business Bureau are teaming up to warn companies.

“If there is any doubt in your mind that this is something that isn’t real, take the time to investigate it,” said Beverly Baskin, CEO of the Council of Better Business Bureau.

Common scams include fake invoices and trying to trick companies into paying for non-existent online advertising.

Two red flags business owners can watch out for are con artists trying to create a sense of urgency and asking for untraceable payment methods.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s