Attorney General asks people not to give out bank information
Residents from Union County and across North Carolina are being targeted by con artists, in the wake of the national foreclosure settlement.
Earlier this year, 49 states including North Carolina settled with GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo to provide up to $25 billion to borrowers at risk of losing their home to foreclosure, as well as direct payments to states and the federal government. State and federal investigations found that the five banks routinely signed foreclosure related documents without a notary public and without knowing if the facts in the documents were correct. Both practices violate the law.
Now residents are receiving phone calls from scammers, trying to get bank account information.
“Unfortunately, scammers are trying to use this landmark settlement to line their own pockets,” Cooper said in a prepared statement Wednesday, Feb. 22. “It’s never a good idea to share personal financial information with anyone you don’t know who calls or emails you.”
The scammers tell customers they’re eligible for money from the foreclosure settlement, but need to provide their bank account numbers in order to collect the funds.
Residents are asked to report any scam calls to the Attorney General’s Consumer Protection Division at 1-877-5-NO-SCAM. Any North Carolina residents eligible for relief from the settlement will be contacted by their mortgage provider or the settlement administrator in the next few months. No one will be asked to give out bank account information over the phone.
Anyone with questions about the settlement can contact the Attorney General’s office at email@example.com or 1-877-5-NO-SCAM. More information on the settlement is available at www.nationalforeclosuresettlement.com.