Consumer Alert: Fraudulent financial services website
DENVER (Sept. 20, 2018) – The Division of Banking and the Division of Securities, both within the Colorado Department of Regulatory Agencies (DORA) have been notified of a fraudulent financial services website, www.masonuniontrust.com, and the business name Mason Union Trust, allegedly operating in Longmont, Colorado.
This entity is not regulated by the Division of Banking or the Division of Securities and deposits are not insured by the Federal Deposit Insurance Corporation (FDIC).
If you would like to find out if your bank is insured by the Federal Deposit Insurance Corporation (FDIC), please visit https://research.fdic.gov/bankfind/; or you may call the FDIC at 1-877-ASK-FDIC.
The Division of Banking protects the public interest and preserves public trust in the Colorado banking industry by regulating the business of state-chartered commercial banks and trust companies, state licensed money transmitters, and enforcing the Public Deposit Protection Act. For more information about the Division, including determining if your bank is state-chartered, visit www.colorado.gov/dora/division-banking for more information, or call (303) 894-7575.
The Division of Securities exists to protect investors and maintain confidence in the securities market, while avoiding unreasonable burdens on the marketplace by licensing securities professionals, enforcing securities law violations, and helping Coloradans become more informed investors. The Division encourages consumers to verify the licenses of companies and individuals recommending or soliciting investments by visiting www.investor.gov, or by calling the Division at (303) 894-2320.
DORA is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. Visit dora.colorado.gov for more information or call 303-894-7855 / toll free 1-800-886-7675.