DFPI News
“Hartman Cain & Associates” is Fraudulently Misrepresenting a Legal Settlement Involving the “California Department of Business Oversight”
The DFPI, which was formerly known as the Department of Business Oversight, reports that there is no licensed law firm in California called “Hartman Cain & Associates,” nor is the DFPI involved in a settlement with any entity using that name.
DFPI Urges Caution Regarding Use of the “California Department of Insurance” and “DFPI” Names and Logos in a Scam Demanding “Authorization Fees”
The DFPI has received information about scammers using a document claiming to be from the CA Department of Insurance (DOI) and the “California Department of EDFP Financial Protection and Innovation” and using the logo of the DFPI.
April 2024 Monthly Bulletin
- DFPI Launches 5th Round of CalMoneySmart Grants to Support Financial Empowermen
- New Investment Adviser Representative (IAR) Continuing Education Rules
- Some Escrow Reports Due Apr. 15
DFPI Now Accepting Applications for Up to $2 Million in CalMoneySmart Grants
The California Department of Financial Protection and Innovation (DFPI) announced today it is now accepting applications for CalMoneySmart Grant Program.
Buy Now, Pay Later: Protect Yourself Before You Check Out
Buy Now, Pay Later (BNPL) plans are a popular way to make purchases online. But like all forms of credit, BNPL comes with its share of risks. Before your next big purchase, make sure you are adequately informed about BNPL, so you don’t end up owing more than you bargained for.
Fraudulent Bank Website Scam
State-chartered bank Beach Cities Commercial Bank (BCCB) has advised the DFPI of a fraudulent website with the domain “Beachcitiescommercialbank.com,” representing themselves as an e-bank. BCCB’s legitimate domain is beachcitiescb.com.
California DFPI Orders Sigue Corporation to Cease Money Transmission Activity
DFPI announced today that it has entered into a Consent Order with Sigue Corporation to cease all money transmission activity in California and cooperate with consumers seeking refunds.
Website https://carolpasollewis.com/ is Fraudulently Posing as a California-licensed Investment Adviser
The California Department of Financial Protection and Innovation (DFPI) has received information that the website https://carolpasollewis.com/ is fraudulently marketing itself as a licensed financial adviser.
March 2024 DFPI Consumer Connection
- Women Supporting Women in the Financial Marketplace
- Five Steps to Building Generational Wealth
- Your Top Student Loan Questions Answered: IDR One Time Adjustment & SAVE Programs
Women Supporting Women in the Financial Marketplace
Throughout Women’s History Month, the DFPI is recognizing women across California who are working to eliminate gender bias and discrimination in the financial marketplace. Learn about community leaders that promote equity, diversity, and inclusion for women through financial education programs and entrepreneurial initiatives.
Five Steps to Building Generational Wealth
Generational wealth is financial wealth and assets that can be passed down from one generation to the next, giving your heirs the gift of greater financial security. If you are new to financial planning, you may be wondering how to start building a wealth portfolio. Follow these five steps to get started on your generational wealth building journey.
“Global Lending CA” Posing as Legitimate Lender
The DFPI has received information about an advance fee scam involving consumer loans. The imposter represents itself to the public as “Global Lending CA”.
Your Top Student Loan Questions Answered: IDR One Time Adjustment & SAVE Programs
The U.S. Department of Education has rolled out a 12-month on-ramp period to protect borrowers from the harsh consequences of missed payments. The IDR One Time Adjustment, PSLF, and SAVE programs are additional options for borrowers who are still struggling to make payments.
Website https://jenniferlilibethtibbs.com/ is Fraudulently Posing as a California-licensed Investment Adviser
The DFPI has received information that the website https://jenniferlilibethtibbs.com/ and email jenniferlilibethtibbs@gmail.com are fraudulently marketing itself as a licensed financial adviser.
March 2024 Monthly Bulletin
- California State Senate Confirms Greg Young as DFPI Senior Deputy Commissioner of Corporations and Financial Institutions
- Public Comments on Digital Financial Assets Law Rulemaking Posted