Online Threat Alerts (OTA) - Alerting you to scams and frauds.

The "Magnum Cash Advance Legal Notice" Scam
The Magnum Cash Advance Legal Notice Scam

The so-called "Magnum Cash Advance Legal Notice" email notice below, which claims the recipients' accounts remain past due because their so-called payments have not been received, is a scam. Therefore, recipients of the same email messages are asked to delete them and should not follow the instructions in them. The fraudulent emails are being sent by scammers to trick the recipients into sending them money believing that they will be sued for money owed and their credit history tarnished.

The "Magnum Cash Advance Legal Notice" Scam

Date: Wed, Oct 10, 2018 at 11:20 AM

From: Collections- Magnum Cash Advance collections.manager@magnumadvance.cash

Dear Debtor,

This letter is on behalf of you loan account with Advance America. As you know, the loan account number AA803315 is very past overdue.

The total amount due is $851.37 (Eight Hundred Fifty One Dollars and Thirty Seven Cents Only). Your failure to timely pay is a breach of contract.

We are prepared to proceed with legal action. However, we would prefer to give you one last opportunity to make payment and avoid legal action. Accordingly, please remit full payment within three (3) days of this letter.

If you have any questions, please feel free to contact us.

Best Regards,

Manager

Legal Department

Advance America

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