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Tips, Trends, and Tidbits

COVID-19 Fraud – How to protect yourself and your loved ones.

In true Fraudster Fashion, it appears as though they’ve wasted no time in modifying their tactics to fit the current situation and are now taking full advantage of the COVID-19 Pandemic by preying on people’s fears and vulnerabilities surrounding it.

The first step in protecting anyone from falling victim to fraud, is education!  Simply knowing that the threat exists and the basics of how they execute the scheme might be the spark someone needs to think twice before simply “going along” with the scammers story.

Just as the CDC has set guidelines for how to help protect yourself against contracting the virus, the U.S. Department of Health and Human Services – Office of Inspector General…

Letter from the President

Over the past 2 months, we’ve all been forced to adapt, struggling to find a sense of normalcy in an environment that has been anything but.  Dining rooms have become offices, parents have become teachers, “in-person” business has been replaced with “on-line”, handshakes have been replaced with head nods, and face-to-face communication has been replaced by virtual meetings and chat sessions.

Business owners have been tasked with making modifications to both their physical environment and business practices to ensure a safer experience for employees and customers alike.  All, while in many cases, bringing in only a fraction of their normal revenue…if any at all.

In early April, GTSB announced our participation in the SBA Paycheck Protection Program.  This program was designed to assist small businesses in keeping their employees and bills paid throughout the shutdown.  Since inception of this program, GTSB has helped over 175 local businesses apply for and secure the funding they so desperately needed.

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