Two of the defendants behind an alleged small business financing scheme, RAM Capital Funding, LLC and its owner Tzvi Reich, will be permanently banned from the merchant cash advance and debt collection industries, and required to pay $675,000 to settle Federal Trade Commission charges that they used deceptive and illegal means to seize assets from … Read more
American National Bank and Trust Company has reported that counterfeit cashier’s checks using the bank’s routing number of 051401027 are being presented for payment nationwide in connection with various internet scams involving mystery shopping and job opportunities. There are at least three known variations of counterfeit items in circulation; coloration is unknown. Variation #1 – … Read more
If you receive an email regarding a NORTON 360 LIFE renewal, it is a scam. Do not call the number in the email. It appears designed to get suckers to call and then the person on the phone will attempt to get personal information from you. There are a number of red flags in the … Read more
The Office of the Comptroller of the Currency (OCC) has been informed that an entity using the name “FNB” is misrepresenting itself as a national bank. While the entity may represent that they are affiliated with a legitimate financial institution, they are not. The fictitious entity has been robocalling and robotexting consumers to obtain information … Read more
The Office of the Comptroller of the Currency (OCC) has been informed that an entity using the name “Amarico Trust Bank” and branding itself as “AmTrust Bank,” an inactive institution, is misrepresenting itself as a national bank. The fictitious entity has been using a foreign-hosted website designed to obtain information to likely perpetrate identity theft. … Read more
A new Federal Trade Commission data spotlight shows that in the first nine months of 2021, consumers reported losing $148 million in scams where gift cards were used as the form of payment. That amount is more than was reported in all of 2020. Nearly 40,000 consumers reported using gift cards to pay a scammer … Read more
Have you ever tried to resolve a dispute with a corporate entity: a bank, a car rental agency, a credit card company? How did it turn out? Most times–I’m guessing–you just gave up without getting your problem solved. A couple of years ago, Chase Bank flagged a fraudulent transfer out of my checking account. Three … Read more
If you get a call that sounds similar to the message below. It is a scam. Hang up. “Hello, this is Mary Fletcher, state number agent, FF694. And this is a notification call from the department of financial relief services. And the purpose of this call is to inform all us citizens in our state … Read more