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Idaho Department of Finance · ID

BEWARE: Websites Impersonating Licensed Idaho Consumer Lenders

December 11, 2023

Summary

The Idaho Department of Finance warns that fraudulent websites are impersonating legitimate licensed lenders to scam consumers. Lenders should monitor for spoofed versions of their own websites and verify that their digital footprint remains secure to prevent reputational harm and unauthorized use of their licensing information.

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Patricia Perkins, Director of the Idaho Department of Finance, is warning consumers to be aware of spoofed websites. The Department recently became aware of a phony website purporting to represent Idaho licensed lender Ace Cash Express.

The Department has taken immediate action to have these websites removed; however, historically the Department has found perpetrators of website scams often create new sites under new names in an attempt to continue their efforts to victimize consumers.

Perkins urges Idahoans to exercise caution when visiting websites, especially those representing licensed lenders. “As these scams are growing increasingly sophisticated, it is more important than ever to do your homework.” A healthy amount of skepticism and research can help consumers identify fake websites. “Simply Googling the address a company lists on their website can be telling, if the address is an empty lot, a PO Box, or a private residence, these are definite red flags.”

View the Press Release

Source: https://www.finance.idaho.gov/beware-websites-impersonating-licensed-idaho-consumer-lenders/

Common questions

What does "BEWARE: Websites Impersonating Licensed Idaho Consumer Lenders" cover?
The Idaho Department of Finance warns that fraudulent websites are impersonating legitimate licensed lenders to scam consumers. Lenders should monitor for…
Which agency issued this update?
This update was issued by Idaho Department of Finance.
When was it published?
It was published on December 11, 2023.

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