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AlertFTC · Scam alert2 min read

Help veteran-owned small businesses spot and avoid scams

The FTC is using National Veterans Small Business Week to urge people to help veteran-owned businesses spot scams. Any business owner can use the same advice.

By the Dashline deskSource: FTC consumer alerts
Help veteran-owned small businesses spot and avoid scams
Photo: Fredericknoronha, CC BY-SA 4.0
Act this week
What happenedThe FTC is using National Veterans Small Business Week to urge people to help veteran-owned small businesses spot and avoid scams.
Who is affectedVeteran small business owners, and any small business owner and their employees who could be targeted by scammers.
What to do
  1. 1Share scam warning signs with your employees this week.
  2. 2Talk with your team about the kinds of scams that target small businesses.
  3. 3Pass scam tips along to any veteran business owners you know.
  4. 4Check the FTC's consumer alerts page for the full list of ways to take part.

National Veterans Small Business Week starts in just a few days, and the Federal Trade Commission (FTC) has a request. It asks people to honor veteran business owners by helping them spot and avoid scams. The FTC also has a message for every business owner, veteran or not.

Why it matters

The FTC says your best defense against scammers is an informed workforce. In plain terms, a team that knows the warning signs is harder to trick. Scams aimed at small businesses can cost money, time and peace of mind. One employee who recognizes a bad request can stop a problem before it starts.

Who it affects

Veteran small business owners are the focus of the week. But the advice applies to any small business owner and to the employees who work for them. If your staff answers calls, reads email or handles payments, they are part of your defense.

What to do

The alert box above lists the steps. In short, talk with your team this week, share the warning signs, and pass the tips to any veteran business owners you know. The FTC's consumer alerts page has the full list of ways to take part.

What is not known yet

The material from the FTC does not name specific scams, give dollar losses or describe a new threat. This looks like a call to raise awareness, not a warning about one active scam. The details are on the FTC's page.

The takeaway

Use this week to talk with your employees about scams, and share the same tips with any veteran business owners you know.

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