- Report: #76724
Complaint Review: CAMCO Capital Acquistions And Management - Rockford Illinois
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Author Not Confirmed
Why?
CAMCO Capital Acquistions And Management
P.O. Box #5087 Rockford, 61125 Illinois, U.S.A.
Phone:
877-298-0845 #1556
Web:
N/A
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Business Rating:
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CAMCO Capital Acquistions And Management ripoff and blatant stealing Rockford Illinois
I stupidly fell for this one.
One Dec. 22, 2003 I received a call from Mario Holmes of CAMCO stating that I Owed a debt on a credit card from 1988 for $505.00, but with interest it is now $1,005.00. If I paid the debt now (by 12/31/03) it would only be $505.00. I screamed, ranted, and raved that I did believe this was paid off, 15 years ago was a long time to remember, on and on. He insisted that he would ruin my credit and on and on. I STUPIDLY went and got my check book and gave him all the routing info and used ck. #1068, postdated for 12/31/03 for $505.00.
I felt something was not right, called a friend and brother and both said to stop payment on check...I immediately did, and then called Mario and left a message that I had.
Low and behold, I went to the bank to make a transaction, and my accountshowed a negative $274.00. After investigating, I found that CAMCO had used check #1086 to process the check for $505.00 on 12/31/03.
I immediately called CAMCO and Mario said that must have been a bookkeeping error and no one in that dept. now. I said how interesting you just conveniently changed the check #. to suit your need even though I had told him that I was stopping payment and don't harass me any more.
I went to the bank to file a fraud report and to see why they cleared the check since I had put a stop payment for #1068 for $505.00 and didn't even have enough money to cover the check #1086 anyway. They said they did it as a customer service and because I HAD given CAMCO my routing #, etc., it wasn't considered fraud. THIS IS FRAUD!!!!!
I am lost as to what to do next. HELP!!!!!!!!!!!!
Gretchen H.
San Marcos, California
U.S.A.
One Dec. 22, 2003 I received a call from Mario Holmes of CAMCO stating that I Owed a debt on a credit card from 1988 for $505.00, but with interest it is now $1,005.00. If I paid the debt now (by 12/31/03) it would only be $505.00. I screamed, ranted, and raved that I did believe this was paid off, 15 years ago was a long time to remember, on and on. He insisted that he would ruin my credit and on and on. I STUPIDLY went and got my check book and gave him all the routing info and used ck. #1068, postdated for 12/31/03 for $505.00.
I felt something was not right, called a friend and brother and both said to stop payment on check...I immediately did, and then called Mario and left a message that I had.
Low and behold, I went to the bank to make a transaction, and my accountshowed a negative $274.00. After investigating, I found that CAMCO had used check #1086 to process the check for $505.00 on 12/31/03.
I immediately called CAMCO and Mario said that must have been a bookkeeping error and no one in that dept. now. I said how interesting you just conveniently changed the check #. to suit your need even though I had told him that I was stopping payment and don't harass me any more.
I went to the bank to file a fraud report and to see why they cleared the check since I had put a stop payment for #1068 for $505.00 and didn't even have enough money to cover the check #1086 anyway. They said they did it as a customer service and because I HAD given CAMCO my routing #, etc., it wasn't considered fraud. THIS IS FRAUD!!!!!
I am lost as to what to do next. HELP!!!!!!!!!!!!
Gretchen H.
San Marcos, California
U.S.A.
2 Updates & Rebuttals
Scott
Akron,Ohio,
U.S.A.
Your bank and Camco broke quite a few laws.
#2Consumer Suggestion
Sun, January 11, 2004
The above person is correct. Immediately see a bank manager and tell them they are a party to this fraud and you will file suit against them and file complaints with the california banking association if they do not give your money back. Also, immediately find an attorney who specializes in the fdcpa and file suit against camco. They will stand no chance in court. Camco does this all the time. Just feel lucky they did not take more or that one of their criminal employees did not go on a shopping spree with your checking account. Of course, they may still do that.
John
Memphis,Tennessee,
U.S.A.
It IS Fraud !!!
#3Consumer Suggestion
Sat, January 10, 2004
The ACH transaction your bank processed was fraudulent, period. Go directly to the bank manager and insist on a fraud report being started and getting the money recredited to your account. You actually have 60 days to do this by federal law. If the manager balks ask him if he is the contact name that should be used for your POLICE report and news media notification. The bank must be able to provide either written proof of your authorization or a complete phone conversation recording of you giving consent to the recording as well as your account number and amount authorization. I don't think thay can come up with either. Don't let the bank stonewall you here. You have an easy case.
