Washington State Department of Financial Institutions

Consumer Alert
Southern California Financial

Advance Fee Loan Scam

July 6, 2009

The Washington State Department of Financial Institutions (DFI) is warning consumers to verify the license of any lending professional they are considering doing business with to avoid becoming victims of potential scams.

Southern California Financial appears to be conducting an advance fee loan scam.

Southern California Financial has listed an address of:

674 Via De La Valle #102
Solana Beach, CA 92075

This does not appear to be a valid address for Southern California Financial. Neither the Washington State Department of Revenue nor the Office of the Secretary of State shows that Southern California Financial is authorized to do business in Washington. The company is not licensed by the Department of Financial Institutions.


How The Potential Scam Works


If You Feel You're A Victim

If you feel you have been a victim of a potential advance fee loan scam, please contact the Federal Trade Commission at 1-877-FTC HELP (382-4357), or online at www.ftc.gov. Also, victims should report their experiences to the Internet Crime Complaint Center at www.ic3.gov.

<< Back to Consumer Alerts

DFI