Court Halts Credit Marketer on Scam Allegations

Share this article:
The U.S. District Court in Chicago issued a restraining order against a company that offered "guaranteed" credit cards to consumers for an illegal advance fee, the Federal Trade Commission said last week.


Judge Joan Lefkow also froze the assets of 3R Bancorp, Long Beach, CA, and its related companies as a result of an FTC complaint.


The complaint alleges that 3R Bancorp called consumers in the United States offering pre-approved, low-interest Visa and MasterCard credit cards for an illegal fee of at least $149.


3R Bancorp failed to provide the promised cards and did not respond to refund requests, the FTC said. The company, operating from call centers in the United States, Canada and India, also failed to register for access to the national no-call list and called numerous consumers whose telephone numbers are on the list.


A phone number listed at 3R Bancorp's Web site, e3r.net, was disconnected.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Customer Centricity Is Spurring Marketing-Tech Investments

Customer Centricity Is Spurring Marketing-Tech Investments

A majority of marketers rank customer satisfaction improvements as paramount in the technology investment decisions.

Big, Bold Moves in the C-Suite

Big, Bold Moves in the C-Suite ...

JCPenney appoints Home Depot's Marvin Ellison as CEO; Harte Hanks and JWT add hitting power to their C-level benches

Campaign Comes to the States

Campaign Comes to the States

DMN's UK-based sister publication launches Campaign US