Martha Reed
Dallas,#2UPDATE Employee
Thu, March 25, 2010
Several months ago, a person(s) gained knowledge of our McKinney TX Escrow Bank Account and began producing fraudulent checks.
In the past six weeks, the volume of checks has increased dramatically. The person responsible is pretending to purchase goods and/or services from an individual via the internet. The check sent is in excess of the amount due and the recipient is asked to return the balance to the sender via Western Union. We believe that most of the recipients have discovered that the check was fraudulent before they lost any money.
From this report, we learned that they are now hiring individuals under the same premise.
Many of the recipients of these checks have mailed the check and related documents to us. We are delivering this information to our bank's security department for processing.
Allegiance Title Company is a well-respected title company that has operated in the Dallas-Fort Worth Metroplex since 1995. We are working with our bank and local law enforcement agencies to apprehend the individual(s) responsible.
Anyone having knowledge about this matter should contact Martha Reed at 214.373.3500.