The Inflation Reduction Act will be providing $2.2 billion in financial assistance for farmers and ranchers who’ve experienced discrimination in USDA’s farm lending programs.
Unfortunately, there are already scammers, posing as federal agents and lawyers, reaching out to farmers and ranchers trying to get the money before they can.
So, what is the USDA doing to stop this scam from spreading?
Discrimination is not defined in the Inflation Reduction Act, but according to the USDA, they prohibit discrimination based on age, sex, race, sexual orientation, and disability, among others.
But, It’s not a “one size fits all” rule.
The USDA is aware of some lawyers and groups spreading misleading information about the program, pressuring people to sign retainer agreements, and asking people to fill out forms with private and sensitive information, in order to access funds.
But the agency says this is a scam.
Source: kxnet.com
Photo Credit: pexels-Anna Tarazevich
Categories: North Dakota, Business