9 Investigates: Fraudulent credit signs

by: Mark Becker Updated:

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They have been popping up all over Charlotte—signs promising to fix or repair bad credit with a single phone call—and a fee--$250 or $269.

But police say you might not get what you expected for that money.

“You get scammed... That's what you get for $269,” says Detective Kevin Jones, who works in CMPD’s Financial Crimes unit.

Jones says he has called one of those credit repair companies—Johnson and Johnson Financial—and that the representative told him they could erase problems from his credit report.

But he says that’s not possible.

“Legally they can't do that,” Jones says, adding the only way to fix a problem on your credit report is to work with credit bureaus directly.

Jones says they’ve discovered another disturbing trend—people doctoring old police reports to try and fix credit problems.
 
He says they have received reports from credit bureaus that were obviously altered in some way.

“The complaint numbers on those reports don't even exist in our system so that's indicator number one that it's a fraudulent document,” Jones says.

Some of the reports have names of officers who don’t exist and one even appears to be from the Maryland State Police—which appears to have been typed over the Charlotte Mecklenburg Police Department masthead.

Jones says it’s almost impossible to trace those reports and find who has altered them, but some show they were faxed to the credit bureaus from a Charlotte telephone number.

There is no way to say if those reports are connected with the companies that are posting signs in Charlotte—including Johnson and Johnson Financial.

A representative for the company told Eyewitness News that they can legally repair credit under the Fair Credit Reporting Act but Jones says that’s not possible, and the Better Business Bureau has given the company an “F” rating for unresolved complaints.