Manny Gonzalez photo
Signature Financial Group LLC logo

Manny Gonzalez, II, AIF®

Investment Advisor Representative

 

Signature Financial Group, LLC

9150 South Hills Blvd, Suite 200

Broadview Heights, OH 44147

 

Phone:  216-642-9556 Ext. 320

Fax:      216-642-5508

Cell:      440-731-0321

Text:     440-583-6146

 

Email: mgonzalez@sfg4you.com

Website: MGONZALEZWEALTH.COM

July/August 2025

Too Good to be True

SMS spam and fake text message phishing concept. System hacked warning alert, email hack, scam malware spreading virus on messages alert virtual on mobile smart phone screen in hands, dark tone.

As college debt soars, so do the number of scams trying to separate you from your money. The Federal Trade Commission (FTC) reports a sharp uptick in scam complaints since late 2024 when payments resumed after pandemic pauses and Biden's forgiveness plan causing confusion. If you have student loans it pays to beware.


Know Their Tricks
Scammers can duplicate government seals, making their emails look official. Among their false promises is their claim of fast loan forgiveness if you pay an upfront fee ranging from $500 to $1,500 – illegal under federal law – plus demands for sensitive information like Federal Student Aid logins.


Understand that no one can offer immediate loan forgiveness. So, make sure any debtrelief offers are legitimate before taking action. Delete the emails and hang up on phone calls from pretenders. Lenders offer ways to make paying back student debt easier.


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Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Additional advisory services offered through Signature Equity Partners, LLC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.
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