Fraudulent credit card offer - AmericaNowNews.com

Finance

Fraudulent credit card offer

Federal regulators say crooks are targeting mailboxes with fraudulent offers. Criminals are offering consumers semi-secured credit cards for a hefty price. If you see an offer claiming you're guaranteed for a pre-approved $3,600 credit card, steer clear. The U.S. Department of Treasury says it's a sham.

The questionable offer claims consumers can rebuild their credit by signing up for a semi-secured credit card. To get started, you're told to write a check ranging from five to nine hundred dollars. Once the check is cashed, federal regulators say you'll never receive the card.

The offer claims to be from AmTrade International Bank in Fort Lauderdale, Florida. The federal government says the bank doesn't exist.

Helpful links:

http://occ.gov/

http://occ.gov/news-issuances/alerts/2013/alert-2013-20a.pdf

http://occ.gov/news-issuances/alerts/2013/alert-2013-20.html

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