Consumer Alerts 2019
December 23, 2020
The Department of Financial Protection and Innovation (DFPI) has been notified that Moneydart Global Services Inc. has voluntarily suspended all money transmission operations in California effective Dec. 15, 2020 through March 31, 2021. Read more…
December 18, 2019
The Department of Business Oversight (DBO) has been notified that an individual using the phone number 650-735-2112 and email address …
October 8, 2019
The Department of Business Oversight (DBO) has been notified that the website PrivateLendingDirectLLC.com is using the name, address and phone number of a DBO-licensed entity, Private Lending Direct, LLC, without the entity’s authorization or permission…
Liberty Star Credit Union, at libertystarcu.com, should not be confused with California-licensed Star One Credit Union
September 17, 2019
The Department of Business Oversight has been notified of a website, LibertyStarCU.com, that closely resembles a website belonging to a licensed credit union…
August 30, 2019
The Department of Business Oversight has been informed by several employees of licensees that they received suspicious emails with the return address of one of our examiners, Haben Hagos.
July 30, 2019
The Department of Business Oversight (DBO) has been notified that the website ace4loansllc.com falsely claims to be the company Ace 4 Loans LLC, a DBO-licensed lender with license number 60DBO 62443.
May 29, 2019
The DBO has been notified of a website, FDIConnect.com, that advertises itself as a bank-deposit broker that can obtain higher interest rates on bank deposits for consumers. FDIConnect.com is not licensed as a bank and is not insured by the Federal Deposit Insurance Corporation (FDIC).
“StableWallet California Inc.” fraudulently offering escrow services using Escrow.com’s DBO license number
May 10, 2019
The DBO has been notified that an entity calling itself “StableWallet California Inc.” or “Stable Wallet Escrow” is falsely purporting to be a licensed Escrow company with the DBO. “StableWallet California” is not licensed to conduct escrow business in California.
March 12, 2019
The Department of Business Oversight (DBO) has been notified of individuals offering loans, who are fraudulently purporting to hold a DBO license. The individuals are possibly using the name “Approved Project” or purporting to be a national credit union in Utah named “America First Credit Union.”