680 inquiries | Scam
(866) 706-0217
https://www.grantbae.com/
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BCA's Summary and Analysis:
We have received no complaints against this company.
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Company Info
This company's business is grant writing services scam.
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
Agency: Federal Trade Commission (FTC)WashingtonDescription:
On June 13 2022, the Federal Trade Commission (FTC) and the Florida Attorney General filed a Complaint for Permanent Injunction, Monetary Relief, and Other Relief against Grant Bae and it’s owner Traeshonna P. Graham, for scamming minority owned businesses in a grant writing scheme.
The complaint alleges Grant Bae charged large fees, sometimes more than $5,000, from minority-owned small business owners in exchange for false promises of guaranteed grant funding. The business guaranteed grant funding and COVID-19 economic benefits that did not materialize. Grant Bae left countless minority-owned small business owners without the money they paid for grant writing and business consulting services and the capital they were guaranteed. Grant Bae, started with seed money from wrongfully acquired COVID-19 relief funds, represented to consumers that it would secure for them government funds designed for small businesses impacted by COVID-19.
A federal court has temporarily shut down the company and frozen the Graham’s assets.
For full details of the complaint and case, visit the FTC’s website.
We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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