Fake Advertising Scams

Beware of "too good to be true" ads offering loans and financial assistance. Ads have been placed in newspapers in at least 13 states soliciting loans through phone credit unions called:

• United Savings CU
• Global CU
• Sunrise Family CU
• Heartland CU
• Century CU
• First Rate CU
• Zurich CU
• Continental CU

It is believed the perpetrators are operating out of Canada, because they use Canadian email addresses and toll-free numbers from Canada. They sometimes use the same names as legitimate credit unions to solicit hundreds of thousands of dollars from unsuspecting American victims. In most cases, these ads solicit "fees" from consumers in order to process their loan application.

 

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