GARDINER — Regulators are warning consumers about a scam involving a company that’s offering consumer loans by phone and over the Internet.
The Bureau of Consumer Credit Protection says a company using the name North Lake Equity Group has been telephoning consumers in several states offering personal loans if the customers make several payments in advance.
Bureau officials say the company representative claims the business is located on Sanford Road in Wells, but that a check reveals the address is fictitious. Officials say the company is not registered with the state or with local offices in Wells.
Consumers from Kentucky, Florida and Tennessee have called Maine officials, with one person paying $887 to the fake company and another providing bank account numbers and other information.
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