Breck police investigate loan fraud |

Breck police investigate loan fraud

by Reid Williams

BRECKENRIDGE<At least one person has been victimized by a Canadian loan fraud scheme and Breckenridge police are looking for anyone else who might have fallen prey to the scam.A woman tipped off police after paying $700 for loan insurance on a loan she never received. The company, advertising through newspaper classifieds, promises loans to people with bad credit or other obstacles. The company advertises itself as HouseHold Finance Corp.; a valid company in Nebraska operates under that name, but the phone number in the advertisements goes to a Canadian address.Breckenridge Police Officer Joshua Dunworth said numerous complaints about the scam have been logged with Canadian and American anti-fraud agencies. Dunworth urges anyone with more information or concerns to contact him at (970) 453-2941. Complaints can also be filed in Canada with Project Phone Busters at (888) 495-8501 or at the National Fraud Complaint Line, (800) 251-7581.

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