Received a collection notice this week from FMS Inc. out of Tulsa OK. They claim they are settling on behalf of "Citibank N.A." a disputed delinquent balance on a non-existant credit card account.
This is the first notice of collection I have received, but the letter claims it is the conclusion of an ongoing dispute, and gives 30 days for a $35% payment of the delinquent charge.
On closer inspection of the letter, I saw that their claim to represent Citibank was highly spurious. Firstly, they claim to represent "Citibank N.A." implying that they have an agreement with Citibank *North America* - however, legally, they must spell out the full name of the creditor whom they represent and in some cases included a TradeMark indication.
Next, the claim was in dispute of my "Citibank Aadvantage Worl" account - the name of the account suspiciously mis-spelled!
This keeps them 'legal' inasmuch as Citibank proper has a harder time pressing charges against them for using their name and their account names for FMS Inc.'s fraudulent activities.
Lastly, the collection letter came to an address that is not affiliated with any Citibank account I've ever had. That, coupled with the mis-representation of Citibank in the letter, and of course the fact I have no longer got a Citibank account and haven't for years, indicates - SCAM!
I have no idea how this company continues to operate with success - clearly they are crooks; I had no trouble finding pages and pages of grievances and warnings about them on the internet. Still, they are up and running - watch out for them and don't give them any money! Report them to the Better Business Bureau!