FRANKFORT, Ky.–An unknown scammer or scammers is behind a “Commonwealth Bank” that has been advertising financial products online and using the physical address of Commonwealth Credit Union here.
The Better Business Bureau of Central and Eastern Kentucky has issued a warning about the website, after it was alerted by an Alabama resident who had questions about the site after applying for a short-term cash loan. The BBB reported that the woman said she had applied for a loan online at the site and had provided her Social Security number, date of birth, and bank account information. She said she then received a phone call from someone with the “bank” saying she had been approved and that documents would be e-mailed. She also received a check for $499 that she was instructed to deposit into her own bank in order to “establish a relationship,” the woman told the BBB. That resulted in an additional $499 being withdrawn from her account, which prompted the call to the BBB.
At the time CUToday.info checked the site, www.comwealthbank.us, it was still active.