Grant-Matching Services Accept Settlement

Share this content:
Two companies that marketed a grant-matching program online and via direct mail and classified ads have agreed to pay $296,000 to settle a federal deception complaint, the Federal Trade Commission said yesterday.


Grant Search Inc., Ashland, OR, and Grant Pac Inc., Sedalia, MO, purported to assist consumers in obtaining grants for a fee and, for an additional fee, apply for the grants on behalf of the consumer, according to the FTC. But the companies gave consumers outdated lists of nonprofit organizations and general information on applying for grants, the FTC said.


Grant Search and Grant Pac also offered consumers a 100 percent money-back guarantee but failed to fully disclose the conditions upon which consumers could obtain the refund, the FTC said.


Along with the payment, which will be used to compensate consumers who paid money to the companies, Grant Search, Grant Pac and their principals agreed to a ban from the marketing of grant-matching services. The FTC charged the companies as part of its Operation No Credit financial fraud sweep in August 2002.


close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above