CAMCO ripoff Rockford Illinois

I recently received a very strange phone call on Thurs. 1-22-04 from someone claiming to be with Union Bank stating that I owed over $700 on an outstanding account. I was very confused about this as I have only had a checking account with them about 10 years ago.

I had that gut feeling that something was wrong so when she asked for my home address I hung up the phone. Having caller ID, I tried to call the number (876-951-6834) that the call came from on my cell phone only to get a recording from my cell phone provider telling me that I couldn't make this type of call. I called Verizon and they couldn't locate the number as a USA phone number.

After doing my own investigation on the internet I found that the area of 876 is linked to phone scams and it was a Jamaican area code. The next morning I called Union Bank to verify that I had an outstanding account with them and they had no record of this. The following Tuesday I received yet another call from the same number so I answered the call and told them I believed it was a phone scam and that I spoke to Union Bank and that I had no outstanding account and hung up. That day when I got home from work I had a letter in the mail from a company called Capital Acquisitions & Management Company (CAMCO) stating that they had received my account from Midland Acquisitions and that I owed almost $1500!

I called the number on the letter and they told me it was for a MasterCard account. I once again told them I had no such account and to not call me again. Today (Wed. 1-28-04) I went into Union Bank in person with the letter in hand and spoke to a Union Bank representative. She spoke with their loan recovery department and they could not find any information on me. She called the number on the letter that I had called and spoke to a supervisor.

This person claimed that this account was purchased by Midland Acquisition in Jan. 1990 and sold to CAMCO in December 2003. When Holly asked for written documentation on this debt they said they didn't have any. The account number they gave her for this supposed credit card was not a valid credit card number. So when I got home I did a search on the internet for the name of this company and I found the your website. This company has been sending all sorts of these letters to innocent people like me for debt that was never owed!

This is a HUGE FRAUD CASE if ever I have seen one! Your investigation into this matter would be so greatly appreciated by me and I'm sure by the thousands of other people who are being scammed by them. Please expose this company for the scam that they are. I plan on writing a letter with the help of an attorney friend this weekend and I will send copies of my letter and the information I found on the internet to CAMCO and to anybody and everybody I can think of like the FBI, District Attorney's office, the BBB, to you, to the news stations here in San Diego and anyone else that I can come up with.

They must be stopped!

Joanne
Santee, California
U.S.A.

Click here to read other Rip Off Reports on Capital Acquisitions

STOP! ..before you think about using the Better Business Bureau (BBB)... CLICK HERE to see how other consumers were victimized by the BBB's false or misleading information. Don't be fooled! It has been reported, when there are thousands of complaints and other investigations underway by authorities, the BBB has no choice but to finally give an UNsatisfactory rating to a BBB member business that is paying the BBB big membership fees every year. When a business is reported that is NOT a BBB member, BBB files WILL more likely show an UNsatisfactory rating, then reportedly shake down that company to become a member of the BBB. One positive thing about the BBB is, either way, if a business has an unsatisfactory rating with the BBB, you can be sure, the business is bad. But what about all those BBB member businesses that had complaints filed against them? Consumers never get to hear about them. What about the BBB advertising to the public? Is this a false and misleading perception they are giving about consumer confidence when dealing with a business? Click here to understand more of what consumers and business alike are saying about the BBB. You decide. ..Remember. The BBB membership is not earned, it's paid for!