Our analysis has identified a coordinated scam campaign targeting consumers through fraudulent representations of three legitimate financial entities: State Employees Credit Union, My Mortgage Inc., and Credit Corp Solutions Inc. The campaign appears to exploit the trusted reputations of these established financial institutions, which collectively have generated 4,550 legitimate CFPB complaints across credit reporting, mortgage, and debt collection services. The entities show significant interconnection through consumer reports, with State Employees Credit Union linked to Credit Corp Solutions Inc. with 59% confidence and to My Mortgage Inc. with 35% confidence, suggesting scammers are strategically using these names together to create false legitimacy.
Community reports reveal multiple sophisticated fraud tactics being employed under these company names. One prominent scheme involves fraudulent checks supposedly from State Employees Credit Union, complete with a fabricated address at "00180 Rock Hill Church Rd Concord," instructed victims to purchase Apple gift cards and send photographs as part of the scam. The checks, bearing the name "Fiona Thomas" as remitter, were accompanied by letters designed to appear official. Another attack vector involves text messages claiming to be from "the bank" warning of unauthorized card usage at Walmart locations in Georgia, followed by phone calls directing victims to transfer money. One consumer reported losing $897.72 to this credit card impersonation scheme.
Additional community reports suggest the scammers may be targeting homeowners through mortgage-related fraud, potentially exploiting the connection between State Employees Credit Union and My Mortgage Inc. to create elaborate schemes involving life insurance and mortgage services. The high volume of legitimate complaints associated with these entities (particularly Credit Corp Solutions Inc. with 2,743 CFPB complaints) provides scammers with credible cover, as consumers may be more likely to believe communications appearing to come from companies they recognize from news reports or previous interactions.
To protect yourself from this campaign, never respond to unsolicited calls, texts, or mail claiming to be from financial institutions. Legitimate banks and credit unions will never ask you to purchase gift cards, wire money, or provide sensitive information through unsolicited contact. If you receive suspicious communication claiming to be from State Employees Credit Union, My Mortgage Inc., or Credit Corp Solutions Inc., hang up immediately and contact the company directly using verified phone numbers from their official websites. Do not click any links in suspicious emails or text messages. Before engaging with any financial service communication, verify the company's legitimacy through official channels and check if phone numbers or domains are safe using reverse lookup services or by searching for scam reports online.
If you have been contacted by this campaign or have fallen victim to these schemes, report the incident immediately to the FTC at reportfraud.ftc.gov and to the FCC for phone-based scams. Consumers who received fraudulent checks should also report to their local postal inspection service, as mail fraud is a federal crime.
This campaign represents a high-threat level due to its sophisticated use of legitimate company names, multiple attack vectors, and documented financial losses. The strong interconnections between the targeted entities suggest an organized effort rather than opportunistic fraud. Financial institutions and consumers should be on heightened alert for communications falsely claiming association with these companies, particularly those involving gift card purchases, money transfers, or unsolicited mortgage and insurance offers.