MCO Capital loan

Debtfreeatlast_2

I suspect the database they used was pretty low level. Hence targeting a company that only does a few checks.

One thing that does concern me is what access MCO had or have to the Experian Details(or any other credit agency) If Experian allow them to cross reference against the details on my account they would have everything they need, for a real ID theft. If Experian are saying it is up to the company doing the search it must be they can check the whole credit report? If this is the case what checks does Experian run on their clients and if they do run checks how did MCO ever get an account!!

geomacl

http://www.actionfraud.org.uk/mco-capital-limited-sep10

"""Latest on MCO Capital - 12 November 2010

On Thursday (Nov 11) the City of London Police made its first arrest in their investigation into a major loans repayment fraud against MCO Capital.
In an early morning operation officers from the force's Economic Crime Directorate arrested a 42 year-old-man at his home in Dagenham on suspicion of fraud by false representation. He was taken back to the City for questioning and later released on bail.
Further action is anticipated as the investigation continues to move forward, with detectives now aware of more than 9,000 alleged fraudulent loan applications made to the Finnish based-company following on from a significant amount of reports originally received via Action Fraud, the national fraud reporting centre and analysed by the National Fraud Intelligence Bureau.
The City of London Police, which is the National Lead Force for fraud, are sending out letters to those whose personal details have been used as part of this fraud."""

Better keep an eye open for someone disappearing from out forum!!!!!!!:rotfl:

AT LAST!!! :T Some action but it sounds like this guy was a small fry in the bigger scheme

Prudence2_2

geomacl wrote: »

Better keep an eye open for someone disappearing from out forum!!!!!!!:rotfl:

I'm still here - it wasn't me!

GomerPyle

Oh dear Robie. Clearly you must have a big investment in MCO Capital as now you are reaching their same delusional condition.

You claim that police are investigating 9,000 fraudulent accounts and that this is confirmed on the NFIB website.

Unsurprisingly - not so.

Let me quote and I'll explain if you don't understand plain English Robie - not Finnish are you ? :rotfl:

Further action is anticipated as the investigation continues to move forward with detectives now aware of more than 9,000 alleged fraudulent loan applications made to the Finnish based-company.....................

No mention of bank accounts at all. What they mean by 'alleged fraudulent loan transactions' is open to interpretation, but I don't foresee MCO Capital issuing any more loan repayment demands in the near future, if ever at all, to anyone.

If ever you require clarification Robie - I'm here for you. Now I'll update myself on other's' comments as I've been out today.

(My apologies if someone else answered Robie on this point, but I enjoy it when he allows me to repeat and emphasise the point - and Google loves it too. )

Oh I notice one arrest has been made - just 8,999 to go eh Robie - or perhaps it's part of the new secure loan procedure. The police are having a bit more luck than MCO Capital at tracing people but I suspect they'll make a charge of one sort or another.

geomacl

Prudence2 wrote: »

I'm still here - it wasn't me!

Dang Prudence - and here was me citing you as the main culprit!:cool:

Robie_Nudd

GomerPyle wrote: »

Oh dear Robie. Clearly you must have a big investment in MCO Capital as now you are reaching their same delusional condition.

You claim that police are investigating 9,000 fraudulent accounts and that this is confirmed on the NFIB website.

Unsurprisingly - not so.

Let me quote and I'll explain if you don't understand plain English Robie - not Finnish are you ? :rotfl:

No mention of bank accounts at all. What they mean by 'alleged fraudulent loan transactions' is open to interpretation, but I don't foresee MCO Capital issuing any more loan repayment demands in the near future, if ever at all, to anyone.

If ever you require clarification Robie - I'm here for you. Now I'll update myself on other's' comments as I've been out today.

(My apologies if someone else answered Robie on this point, but I enjoy it when he allows me to repeat and emphasise the point - and Google loves it too. )

Oh I notice one arrest has been made - just 8,999 to go eh Robie - or perhaps it's part of the new secure loan procedure. The police are having a bit more luck than MCO Capital at tracing people but I suspect they'll make a charge of one sort or another.

Lovely to hear from you. 9000 false loan applications equates to 9000 false bank accounts. It doesn't, of course, equate to 9000 different fraudsters. If you read my opening note I spoke of "multiple accounts opened by one individual" - as you are clearly involved in some thorough research on this subject you might like to check how many subsidiary accounts one person can actually open on line once they have opened a main account. I note that the person arrested was from Dagenham and not Helsinki!

GomerPyle

I used Robie's glasses to read that notice and I read it that the police had arrested Dagenham. :rotfl:

Contact me for 'Free Robie' tee shirts - not that I'm suggesting Robie had anything to do with anything - it's just a 'Free Offer'.

You really have no clue Robie do you ? Subsidiary accounts are in the same name as the prime account. That's not 100% true and there could be ways to achieve what you say, but I have expertise I'm not offering to scammers and again, it couldn't be done on the scale you suggest, and you fall in your own trap as they'd all be using the same ID and get caught even by the patented MCO Capital security check - yes even one as threadbare as that.

You can't open bank accounts online. Are you from this planet Robie ?

Keep on Robie - eventually there'll only be one possibility left.

Robie_Nudd

GomerPyle wrote: »

I used Robie's glasses to read that notice and I read it that the police had arrested Dagenham. :rotfl:

Contact me for 'Free Robie' tee shirts - not that I'm suggesting Robie had anything to do with anything - it's just a 'Free Offer'.

No, I was bailed!

grahamqat

And they said I had a conspiracy theory going! Thanks guys, I don't feel quite as isolated as I did. I just hate MCO, they are illegal and I hope we can shut them down.

Robie_Nudd

GomerPyle wrote: »

You can't open bank accounts online. Are you from this planet Robie ?

.

As someone mentioned Lloyds/TSB perhaps you'd like to look at this:-

http://www.lloydstsb.com/savings/esavings_account.asp

also available from Barclays, RBoS, HSBC............