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Fraudulent Company ‘Michael Investment LLC’ Not Licensed by DBO (05/24/2016)

May 24, 2016

The Department of Business Oversight (DBO) has been notified an entity calling itself “Michael Investment LLC,” with a possible principal “Michael Anthony,” is offering loans to consumers, claiming it holds a lender’s license with DBO. Reportedly, the entity also is presenting falsified licensing documents with the DBO seal and staff signatures. They claim a false DBO license number 60CAO44561 and claim their address is 10 South Hope St., Los Angeles, CA.

This company does not have a license with DBO.

The DBO advises individuals who receive lending solicitations to verify the entity’s licensing status by visiting the DBO website at https://docqnet.dbo.ca.gov/licensesearch/ or calling DBO at 1-866-275-2677.