FAST ONLINE LOAN SCAMS

Shawn Dyer from Montecito Bank & Trust says that several of their customers have been scammed out of money just when they needed it the most. They went online searching for fast cash and unfortunately, applied for loans on fraudulent sites, giving thieves access to their banking information on the loan applicataion. Usually, they also provided the crooks with personal information that could lead to identity theft. She advises people to read reviews and to call loan companies before applying for a fast cash loan. Shawn reported that check fraud is on the rise, especially for businesses. Companies are mailing checks to their vendors but their mail gets stolen by crooks who change the payee on the check. She explains the lengthy process to try and get your money refunded after the forged check is cashed by the fraudster. Once again, we're reminded not to drop checks in a public mailbox and to NEVER leave it in your own mailbox with the flag up. If you feel as if you or someone you care about has been the victim of a scam, call Deputy District Attorney Vicki Johnson on the FRAUD HOTLINE at 805-568-2442.