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      Fake loan company targets Southwest Georgians

      Contact: Leonard Crain

      Phone: 706-324-0707

      Email: lcrain@columbus-ga.bbb.org

      FRAUDULENT LOAN COMPANY TARGETS COLUMBUS ALBANY

      A fraudulent loan company by the name of Bloomberg Financial Securities Ltd. has been offering loans through the website: bloombergfinancialsecurity.com, and falsely displays the Better Business Bureau symbol of accreditation. Bloomberg claims to have been established in San Antonio, Texas in June 1988 and offers loans and debt consolidation. Consumers have been asked for an advanced fee of $300 - $500 to acquire a loan. According to reports from consumers, the company acquires the advanced fee and does not proceed with the promised loan arrangement.

      According to the city of Albany, no business license has been issued for Bloomberg at the address listed on the website. The contact information has been linked to the address and telephone number of an Albany, Georgia law firm with no connection to the fraudulent loan offerings.

      For any questions about this release please feel free to contact Perry Robinson at the Better Business Bureau at 706-507-9915.

      Sincerely,


      Leonard Crain

      Better Business Bureau

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