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Stimulus Grant Scams: FTC Expects Swift Results, Google Snoozes

Thursday, March 19, 2009

At the FTC Stimulus Scam press conference, which was held more than two weeks ago (watch the video) the following was announced by the speaker:

"We've seen a lot of ads on Google for these kinds of stimulus scams and we've also asked them to help. This morning Google committed to investigating stimulus related ads that violate its anti scam policy and to work with us to identify these sites and take them down and I assure you that as we stand here talking we are already following up on that offer and expect swift results."

And in response to a question about whether Google mentioned if they would ban ads, the following was stated:

"Yes, we are working with them right now to follow up on their promise to investigate ads, to work with us to identify problematic ads and to remove them. And this is according to their published policy. They have an anti-scam policy for advertising on Google."

That sounds like an immediate action plan! Let's see the results of two weeks worth of Google action:
These are the top three (premium) sponsored results when searching for 'grant money'. Guess which one is NOT a scam site. That's right, they all are scam sites. I am not going to do screenshots for now, you'll have to take my word for it...

As I explained in a previous post (How Google Profits from Grant Scam Schemes), people pay Google to place these ads, and thus Google profits from allowing scamholes to fight for the top spot. Competition is good for business.

Now look at what we find in the right hand column, more sponsored links:

How many Grant Scam sites do you think are behind these ads?

As with the Facebook examples in the previous post, this is not exactly rocket science, Google. With so many talented and driven individuals in the organization no one could have reviewed these by now, two weeks after 'swift results' were announced?

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