Friday, December 9, 2011

Obama Announces $2 Billion to Support Job-Creating Startups - Consumer News Roundup for 12/09/11

A roundup of consumer-focused articles from around the web.
  • Obama Administration announces $2 billion in resources to support job-creating startups (White House)
    The White House yesterday announced administrative and private sector actions that will help entrepreneurs grow their businesses and create jobs by increasing their access to capital and resources. The U.S. Small Business Administration (SBA) is moving forward with launching a $1 billion Early Stage Innovation Fund, originally announced as part of Startup America, which will provide matching capital to Small Business Investment Companies (SBICs), targeting early-stage small businesses seeking private institutional capital.
  • FTC to provide refunds to victims of bogus scareware scam (Federal Trade Commission)
    Starting this week, more than 300,000 consumers who were victims of a "scareware" scam will receive refunds resulting from Federal Trade Commission settlements with Innovative Marketing and other parties involved in the scheme.
  • The biggest stock scams of all time (Investopedia)
    Investopedia lists the biggest stock scams of all time.
  • Fraudulent email claiming to be from the FDIC (FDIC)
    The Federal Deposit Insurance Corporation (FDIC) is warning consumers that it has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.