Posts Tagged ‘Scam’

Dr. Jason Hope House Owed 83K in Hong Kong Triad Scam Arizona Vet

In Corruption on August 11, 2015 at 5:06 pm

USD83,520.58 owed to Hong Kong Criminals by Dr. Jason Hope House of Arizona

Dr. Jason Hope D.V.M., had everything going for him, a handsome veterinarian and professor at a prestigious Arizona veterinary school. In 2006 he fell hard and fast for the lights of Shanghai during a visit with his wife of 27 years. They returned bi-annually for about five years, but he fell into the wrong crowd during what he thought to be a licensed gambling house. Evidently, it was run by the Triads, and he fell victim to an elaborate cheating scam. Within three hours during a game of traditional Chinese Fan-Tan, which is similar to roulette, he found himself in debt to the equivalent of US$1.3 million. According to Mrs. Hope, The confusion started as a result of what she believes to be a deceptive pretext, which involved “a lot less zeros“, indicated as the value of each chip.

Mrs. Hope said that she does not know where Jason is currently holding out, but he has indicated that he is safe and well, and in regular contact with consular officials.

More updates to come in the future.

SCAM: Fraudulent Invoices for Trademark Registration Fees

In Crime-Reports, Deceptive Advertising on May 29, 2015 at 8:19 am Fraudulent Invoices for Trademark Registration FeesWARNING: appears to be operating a scam, preying on ignorant trademark registrants. The modus operandi appears to be the active monitoring of the trademark registrations, whereby they send fraudulent invoices to the trademark registrant, asking for $2000 or more, in what appears to be an official looking invoice somehow related to the trademark registration process. However, these invoices are unsolicited, they are noted with order numbers, invoice numbers, bank wire transfer information etc. It appears that this is a  fire-and-forget invoicing scheme, issued in the hope that ignorant accountants will pay the invoice without first checking it out with their intellectual property lawyers.

The following image is a redacted invoice received in the mail shortly after the US patent application was submitted. Applicant is based in Australia hence the reference to Australia: Invoices for Trademark Registration Fees



Capital Alliance Group Reviews & Warns of Scams Targeting Small Business Owners

In Online Defamation Rebuttal on January 21, 2015 at 8:03 pm
Capital Alliance Group Warns of Scams Targeting Small Business Owners

Capital Alliance Group Warns of Scams Targeting Small Business Owners

SCAM ALERT: issued by Capital Alliance Group Risk Review Team. As the alternative lending industry gets more and more attention from the mainstream media it is only inevitable that it will then also start to gain the attention of some extremely undesirable elements. Ideally, a spotlight on the alternative lending industry in itself should be considered a very good thing. Making small business owners aware of new and less difficult-to-qualify-for sources of business funding is beneficial for every party involved; the business owners get the financing they need to grow their business; the alternative lending industry itself profits, thereby guaranteeing the sustainability of the lenders that participate in it; even the entire United States as a whole, as the success of small business forms the backbone of our nations prosperity and a majority of all new jobs created.

The downside to all this attention is that it is certain to attract con men and scam artists intent on preying on the small business owners that are eager to take advantage of the business loans that the current landscape of traditional lending has left them starved for. This bad element has the potential to disrupt the trust that Capital Alliance and other top alternative lenders in the market have worked so hard to build over the last few years, and threaten the entire industry.

It happens in all legitimate businesses to some degree, and we’ve seen it before in newly-grown industries that operate in the financial and loan markets that have been associated with, or are a consequence of, today’s economic climate, and the factors that have brought us to this point. Where the money flows, so too does the unscrupulous denizens that are ready and willing to exploit any environment in which they can defraud relatively easily in an effort to enrich themselves.

When the housing bubble started inflating and mortgage loan origination operations starting popping up everywhere, it was the ones who pushed bad loan paper with fraudulent docs up the ladder to banks, and at the same time glossed over the fact they were saddling consumers with mortgages that were set to have monthly payments explode after an introductory period of low payments.

After that bubble burst, they migrated to loan modifications, where they purported to have the ability to modify the terms of your mortgage in order to reduce your payments, or in some cases even reduce your principle balance if you were underwater. You would have to pay the money up front for the service and they just took the money and ran.

Eventually the scammers are going to identify the alternative lending industry as the next great target with which to unjustly enrich themselves at the expense of small business owners. As the pillars of this industry we need to “circle the wagons” and protect ourselves against these threats to our industry. Alternative lending supports small business and small business supports the US. Sabotaging the stability of alternative lending through defrauding our clients is sabotaging the prosperity of our own great nation. Let’s do our part to help protect it.

Consumers, do your due diligence before doing business with loan companies posing as alternative lenders. Be absolutely positive that you’re attempting to acquire a loan from a qualified business loan professional that is part of a legitimately established and reputable alternative lender. Capital Alliance Group wants to help you avoid scams at all costs, even if you aren’t taking a loan with us. Reach out to us any time for advice on whether the alternative lender you are working with is trustworthy enough to do business with. A few minutes spent getting in contact with us could save you significantly in time and money by helping you avoid a potential scam.