“Frank Oliviera,” “America Trust Escrow” and “Oakwood Escrows” Falsely Claim to be DBO Licensees in Fraudulent Craigslist Ads
The Department of Business Oversight (DBO) has been notified of an individual, “Frank Oliviera” doing business as several companies falsely claiming to be DBO escrow licensees “Oakwood Escrow Inc.” and “American Trust Escrow.”
The perpetrators are using the names “America Trust Escrow,” “Oakwood Escrows,” “Oakwood Escrow Management,” “Oakwood Escrow Finances,” “Frank Oliviera,” “Frank Oliveri,” “Pablo B. Vazquez” and “Pablo Burgara Vazquez.” They also are using the email addresses “email@example.com” and “firstname.lastname@example.org.”
These individuals or entities post Craigslist ads offering rental properties in states across the country including Ohio, California, Hawaii and Indiana. When a potential victim responds, they are asked for personal information and to send an up-front payment. These individuals/entities are NOT licensed by the DBO. The website advertised is NOT a valid website, and should not be confused with the legitimate DBO licensees’ websites: oakwoodescrow.com, atescrow.com and americantrustescrow.com
The DBO encourages consumers to beware of any solicitations asking for advance fees, including these increasingly-common Craigslist rental property advance fee scams.
To check whether an escrow company or other financial service provider is licensed by the DBO, or to file a complaint, go to the DBO website at www.dbo.ca.gov or call 1-866-275-2677.