Financial Literacy

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  • One day, Craig, a fresh high school graduate, saw an advertisement for College Finanial help.
  • The advertisement stated a promise to seek out unclaimed scholarships at a $300 fee.
  • Craig went home and called the number in the advertisement. They got the deal done. The comapany promised that they will return the fee money if they were unable to find any scholarships.
  • It has been months and Craig still hasn't heard from the company he seeked help from. He is very upset!
  • Craig soon realized that he was part of a scam. Craig called the Federal Trade Commission. He was told that there was nothing they could do for him and that they would warn others about this.
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