An offer claiming residents of Kentucky can financially benefit from a large-scale tobacco settlement is spreading across the state. It's a deal that sounds too good to be true - if you pay to learn how, you'll receive thousands of dollars in tax-free, monthly payments.
Whether you're a smoker or not, online ads and scam emails claim Kentuckians can receive these funds from the Tobacco Master Settlement Agreement (MSA). While the MSA is a legitimate, multibillion-dollar entity between the four largest tobacco companies in the United States, the offer in the online ads is not. The ads are a scam!
For those who have been duped by this "deal," it'll cost much more than the small fee of $5 a month or $100 a year. Once victims have provided payment information, it's in the hands of the scammers.
Given the number of misleading online ads, and the Kentuckians who have been duped by them, Kentucky's Attorney General has issued a scam alert to residents.
To avoid this type of scam, always trust your gut. If a deal seems too good to be true, it probably isn't! Don't jeopardize the integrity of your personal information in order to turn a quick profit.
Kentuckians, if you think you've fallen victim to this scam, contact the Attorney General's Consumer Protection Hotline by calling 888-432-9257 or file a consumer complaint online. Residents can also stay ahead of scammers with Scam Alerts from the Attorney General's office by texting "KYOAG Scam" to GOV311 (468311).