Amarillo Police Warn About Recent Phone Loan Scam

By Karl Wehmhoener |

Published 05/30 2014 02:04PM

Updated 05/30 2014 02:06PM

AMARILLO -- APD White Collar Crimes investigators is reminding everyone to be wary when seeking a loan over the internet. 

Research the loan company through the Better Business Bureau and check the company's telephone number with an internet search to help decide if it is a company that you trust before providing any personal information, even a telephone number.  

In early May, a local resident inquired about a loan through several internet listed companies. That day, she received over three dozen telephone calls in response.  One call turned out to a variation of a common telephone fraud, the pay or go to jail type of scheme.  

No law enforcement agency collects fines or fees in this manner.  

Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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