State Finance Office Orders Cease and Desist
(BLACKFOOT, ID) – The Idaho Department of Finance has issued a cease-and-desist order to an online escrow company selling timeshares in Mexico.
A company calling itself Twin Falls Title and Escrow fraudulently poses as a licensed financial institution and claims to operate on West Judicial in Blackfoot.
State officials say the business duped customers into giving up money by altering the name of a real title company on its forms. The scam is operated by Capital Management Corp. of New York State.
Those who’ve fallen prey to the scam are urged to call investigators at 208-332-8081.