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This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.
Description
My mom was targeted by Accelerated Debt Solutions to help her negotiate a credit card debt for a recently purchased timeshare. They told her that they had to pay her $20,000 upfront, and said that she should ignore any incoming calls or contact from American Express (the credit card she owes money to), as well as any court notices. After 90 days, they said the "debt negotiation team" would contact her. This was in a letter dated 4/17/24. She has only received automated calls from them periodically, stating that they are working on her case. In the meantime, American Express has just recently filed a court case against her.
Dollars Lost
$20000
Targeted Person's Location
CA, USA - 94903
Scam Type
Credit Repair/Debt Relief
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Business name
Accelerated Debt Solutions
Date Reported
September 10, 2024
Scam ID
888616
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