Tommie Lee and VP/COO Jan Diaz of the BBB of Northern Indiana talk about scammers jumping quickly at the opportunity to exploit recent Biden administration moves to forgive student loans.

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If you have lost money, report it to FTC at Report Fraud.FTC.gov

For more information on consumer tips, visit BBB.org. If you spot a scam, whether you have lost money or not, report it to BBB’s Scam Tracker at BBB.org/ScamTracker. Your story can help other consumers avoid similar scams.