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MAGNOLIA

CLIPPING SERVICE

(601) 856·0911 I (205) 758.8610


STONE CO ENTERPRISE

WIGGINS, MS

Circulation = 2881

WEEKLY

0610212010

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the nation have been call­ applied for loans with in some cases, problems believes the scanllners are
ing the Better Business Boardwalk Capital with "foreign investors". operating from Canada.
Bureau (BBB)Serving Funding, and report wiring Consumers report lo"ing as "Consumers should know
MississippI about an funds, then being hit up much as $5,500.00 that advance fee loans are
apparent advance-fee loan again when alleged "prob­ Detective Martin Cohan, illegal, and as soon as you
scam which is using the lems" come up with the 11 cybercrimes investigator wire funds, you have lost
address of a downtown loan applications. So far, with the Peabody, Mass. the money," said Bill
•Jackson, Miss. building, three consumers from police depaltment, began Moak, President of the
but investigations have Florida, Arizona and Ohio investigating the company BBB Serving Mississippi.
determined that the had filed complaints with recently after being con­ "If you are having financial
address is false. the BBB. Several other tacted by a consumer, He issues, or need credit,
A company called . consumers have contacted noted that the company's please seek the help of a
Boardwalk Capital Funding the BBB seeking informa· website, }vww.hoard­ qualified nonprofit fin an ­
has been soliciting loans tion about the company, walkd,com, was registered cial counseling service, or
over the Internet, allegedly and reporting similar con­ to a California company, contact a local bank to see
from an offiee loeated at cerns. but ultimately leads to an if they can help you obtain
200 South Lamar Street in Consumers report paying address in the a legitimate loan."
.Jackson. Investigative funds up-front to stalt the
efforts have determined paperwork for loans, but
that mail cannot be deliv­ have found that after
ered since there is no such wiring thousands of dollars
company at that address. (often to Madrid, Spain),
Furthermore, Parkway that no loan is forthcom­
Properties, which owns the ing. Typically, consumers
building, has confirmed have paid funds up-front
that no sueh company is a as "collateral", and then
tenant in the building. are called back requesting
A number of cash- additional payments

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