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Capital Acquisitions And Management Company ripoff I was sent a letter in the mail stating I owed $5,690.46 from an old Citibank account from 1990 Rockford Illinois
I received a letter in the mail stating I owed $5,690.46 from an old Citibank credit card from 1990. I asked how they got the information and they told me they bought my report from a company. They had my correct SS # and this really surprised me.
I denied that this account ever existed and they said there was no way I could contact Citibank to find out if I would just settle to pay $1, 018.48 they would send me a letter stating that all debts were cleared. Of course I was suspicious and knew that I didn't owe one dime on any accounts so I called Citibank fraud dept. and they reinforced my suspicion that this was a scam.
CAMCO sent me a fax with an agreement to sign. I called the FTC and my local police department to report this crime. They had the nerve to send me a follow up letter stating that if this settlement is not met then their offer would be null and void. I feel violated and extremely angry and want this company to be prosecuted.