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Compliance Annual Minutes Board scam

As a public service we are posting this article: November 18, 2006

It looks like the Compliance Annual Minutes Board scam described by the Los Angeles Better Business Bureau has made its way to California again. In the mail today I found this official-looking envelope addressed to our Corporation.

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Since we’re getting close to the end of the year and we have been thinking about taxes and corporate fees dues, we at first we thought the mailing was Official, however the fee of $150.00 seemed too high and we had no knowledge of a requirement to disclose our annual meeting minutes.

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There is no such a requirement so these scammers in Temecula California are using a P.O. Box and are hoping that people don’t read the fine print at the bottom of their letter, which begins: California Corporations Code Sec 1500, 600, 9510: IS Statutory And Your Corporation Should Comply With Applicable Laws and Regulations For Adequate Record Transfers, Please Print Legible.

 

 

 

Aside from taking your $150.00, it’s hard to figure out what service they provide. Apparently you fill out the form describing the corporation’s annual meeting, then they send you back the information you provided with something like “These are your official minutes” stamped on it, or whatever it’s a useless service, regardless.

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I just filed an online complaint with the California Better Business Bureau. If you get a letter from the Compliance Annual Minutes Board, file your own complaint. The sooner these folks are exposed for the rip-off artists they are, the better.

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