Residents throughout north Alabama and southern Tennessee are being warned of an ongoing scam regarding payday loans. Last month folks received phone calls from a company known as InstaCash or a fictitious law firm in regards to a case pending against them regarding a payday loan that they had received and not paid back. The callers were threatening the victims by saying they would send a team of investigators to their residence to make an arrest. It appears the scam artists are trying to put folks in fear, and forcing them to pay money they don’t owe.
According to Michelle Mason, president of the Better Business Bureau of North Alabama, she has seen an increase in the past couple of years in phone scams of this kind. She says the callers “become very aggressive and unfortunately a lot of people will go ahead and give out information just to get these callers to stop the harassment.” Residents should never give out personal information to people they don’t know.
Source: Times Daily
Contact us today for a free legal consultation with an experienced attorney.
Fields marked *may be required for submission.
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.