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SBA Cyber Bulletin – Potential SVOG and RRF Fraud Warning


Buffalo District Office  – April  30, 2021

u s small business administration

Alert Summary:

The Small Business Administration recently launched two new programs, Shuttered Venue Operators Grant (SVOG) and Restaurant Revitalization Fund (RRF). These programs provide economic aid to hard-hit small businesses, nonprofits, venues, and restaurants. Bad actors may take this opportunity to impersonate lenders or government officials in emails, robocalls, social media accounts, and phony websites. Their goal is to attract victims and commit fraud, scams, and schemes.  The result is financial or personally identifiable information (PII) loss for the victims. (Figure #1 – Sample of Facebook Account Impersonating the SBA Restaurant Revitalization Fund).

For more information regarding these programs, please visit the SBA website below. If you see this or similar activity, immediately report the activity to SPAM@sba.gov . NOTE: Contacting individual staff members for service/support may result in a delayed response.

Sourcehttps://www.sba.gov/funding-programs/loans/covid-19-relief-options/cross-program-eligibility-sba-covid-19-relief-options

 

Figure #1 – Sample of Facebook Account Impersonating the SBA Restaurant Revitalization Fund


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