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.