We do not know of anyone who has ever gotten a loan through one of these Canadian operators. Once the victim has sent the money, there is no loan and no further contact.
Internet Solicitation of High Interest Deposits and/or Personal Information
A number of internet solicitations regarding loans and other quick money schemes come across the internet every day. Two examples we have seen involve "Loans you never have to pay back", and attempts by foreign individuals to use your account/name in return for a percentage of the "millions" they will be running through your bank. In order to do this, they often entice individuals to give personal information such as driver's license number, social security number and bank account numbers. Many legitimate businesses operate over the internet, but they will never ask you for such personal account information before discussing the terms of any agreement with you. Check with the Department of Banking & Finance if you have any questions about offers you receive over the internet.
The following names are used by one company thought to be conducting a banking business, including the solicitation of high interest deposits over the Internet. It is believed this entity is based in the United Kingdom. It is NOT a banking organization chartered by the Nebraska Department of Banking & Finance nor the Comptroller of the Currency.
"Bankers International Trust"
"Bankers International Trust Investment Club"
The deposits of this entity would NOT be insured by the Federal Deposit Insurance Corporation (FDIC). Proposed transactions with this entity should be viewed with extreme caution.
Safety Tips for ATM Banking
When you decide to use an Automated Teller Machine (ATM), you should follow certain precautions to avoid being victimized by criminals.
(1.) If the majority of your banking is done through an ATM, you should choose a bank which has its ATM located in a highly visible area and has adequate lighting. Try to do your ATM transactions during the daylight hours. If you must bank after dark, do so accompanied by another person and at a machine located near a
well-lighted parking lot.
(2.) Be cautious in choosing ATM machines. If there is no financial institution affiliation displayed, you may want to drive to the nearest financial institution and use an ATM which is located within or attached to their building.
(3.) Try to shield your PIN numbers as they are punched in.
(4.) Be cautious of suspicious people or loiterers in the area or near the ATM. Sometimes, there are others waiting to make a transaction. Use good judgement to determine who has a valid reason to be there and proceed accordingly. If you feel uncomfortable, drive to another ATM location.
(5.) As you perform your ATM transaction, look around and be aware of what others in the area are doing.
(6.) Avoid making large cash withdrawals or deposits at an ATM. Muggers like to steal cash because it's not traceable.
(7.) If the machine malfunctions and your card is not retrievable, report it as soon as possible to the financial institution from which it was issued. Be wary of extraneous ATM instructions which are taped on the outside of the machine and may require you to enter your PIN number several times in succession in case of a malfunction.
(8.) Record your PIN and put it in a safe place. Never keep your PIN written down in the same place as your ATM card.
ON-LINE SECURITIES OFFERINGS: What Every Investor Should Know
The Nebraska Department of Banking & Finance's Bureau of Securities, monitors the Internet to ensure that securities offerings available to Nebraska residents through the Internet comply with Nebraska law.
Securities offerings over the Internet are permitted, provided that such Internet offerings are in compliance with the Securities Act of Nebraska, Neb. Rev. Stat. §§ 8-1101 to 8-1124 (Reissue 1998). The Department's monitoring effort is intended to provide maximum protection for investors by preventing the sale of unregistered securities to Nebraska residents, while balancing the needs of legitimate businesses to raise needed capital. Because of the nature of the Internet, no monitoring effort will be able to catch every on-line investment opportunity.
Investors Must Take Steps to Protect Themselves
(1.) Read all information provided by the company carefully. Securities may only be offered through a disclosure document called a prospectus. The document is required to provide all information necessary to make an informed decision regarding an investment. Among other information, the document should discuss the risks involved in the investment, the background of the management of the company, and should include financial statements on the company.
(2.) Beware of claims of high returns with little or no risk involved. The basic rule of investing is that the higher the return, the higher the risk involved. A claim of high returns with low risk is an indication that the investment may be fraudulent.
(3.) Check out any offering with the Department BEFORE you invest. Any security offered or sold to Nebraska residents must comply with Nebraska's securities law.
One call to the Department can determine if the offering and if the person selling the security are registered in Nebraska.