Tip:
Highlight text to annotate it
X
(Image source: Followgram)
BY CLIFF JUDY
You wouldn't think U.S. government shutdown and the phrase "too good to be true" could
go in the same sentence. You'd be wrong.
CBS Money Watch reports fake accounts are popping up on Instagram. (Via CBS)
One account reads, "Due to national government shutdown, Sallie Mae will be issuing a loan
forgiveness to the first 150k followers." (Via Followgram)
One hundred fifty thousand people allowed to simply walk away from their student debt?
Really?
Scambook reported the fake accounts advertising "government shutdown specials" earlier this
week. Following the scams' instructions eventually prompts you to give out personal information
for ID theft or online fraud. (Via Scambook)
The real Sallie Mae put out a warning Monday morning and told BuzzFeed, "Some people are
using the government shutdown to create Internet hoaxes about several different companies,
and this is one of them. Student loans are unaffected by the government shutdown." (Via
BuzzFeed)
Remember, Sallie Mae is a publicly-traded company, not a government agency. Sorry, you'll
just have to pay off your loans like the rest of us. By sending your payments to me so I
can make sure it gets to the right place. Cash only.