Consumers are being warned about - id thecs and Last Chance Advance Loan - companies of dubious origins, that are engaged in fraud on the Internet.
In the event an individual fills in an application for a pay-day loan with the company - Last Chance Advance Loans - IDTHECS automatically debits the account number (provided for the loan deposit) a fee of $31.98 for ID Theft Insurance.
However, a basic problem is that applicants are not aware that they are being enrolled for this service, nor are they forewarned about the charges being debited from their bank accounts in advance.
In fact, no verification is sent out to verify the individual applied for the service initially; after the fact, there is no confirmation that the party has been billed. In fact, consumers who get caught up in this scam are not even forwarded any package indicating what services they have allegedly purchased.
When an individual notices the debit on their account, it shows up as a charge to: www.idthecs.com. A telephone toll number is listed in the charge line as 866-883-4987.
If you go to the web site, you'll notice there is no location listed for the business, and the specifics of this business identity are either vague, or virtually non-existent.
If you call the 866 number, you get put on hold for ten or fifteen minutes. When an operator does answer, they are reluctant to provide information.
In fact, when one person managed to secure an address, it was determined to be a PO BOX location at 8721 Santa Monica Boulevard in West Hollywood, California, and not a business address for an office, as falsely alleged.
The irony of it all is that this company advertises a service to prevent identity fraud!
It is quite evident from the facts the employees at this company are engaged in a massive fraud themselves, looting bank accounts, and Violating a number of Federal and State Statutes in the process.
If you are a victim of this scam, contact the local authorities immediately, and lodge a formal complaint.