Internet Scam Website Shut Down by Godaddy & West Virginia Attorney General

As sad part about the human condition is that hard times call scammers to the table as if other people’s misery is a dinner bell. Nowadays, we turn to the Internet for information, knowing that the buyer must always beware. The latest most disconcerting scam came in the guise of a fake credit union promising advanced fee loans online. When a person applied online via the fake, yet very convincing website, they received a response email bearing the same address of the West Virginia State Credit Union. This legitimized the ruse for many victims of the scam. The response email stated that the applicant would have to purchase insurance in order to qualify for the loan and once the “credit union” received the $1,250.00 insurance money via wire transfer… well… let’s just say a loan never materialized and the scammers were never heard from again.

West Virginia Attorney General Darrell McGraw, with the help of
shut down the website (statecreditunion.net) on Monday, May 4th. McGraw warned, “No legitimate bank or credit union will require a consumer to wire money in order to receive a loan or line of credit. According to Canadian authorities, a majority of these advance fee loan scams originating out of Canada have been linked to organized crime. When consumers submit loan applications, they are giving criminals their Social Security numbers, bank account numbers, and other personal identifiable information that will be used to steal their identity.”

Let’s support Godaddy for their efforts.

Be aware, alert and informed while surfing the internet.