It looks like the Corporate Compliance Recorder scam described by the Los Angeles Better Business Bureau has made its way to Oregon. In the mail today I found this official-looking envelope addressed to the non-profit community association that I’m the secretary for.
I believe this is the time our annual corporation fee is due, so at first I thought the mailing was for real. But the $95 fee was steep, and I’d never heard of a requirement to disclose annual minutes.
Of course, there isn’t such a requirement. These scammers on Market Street are hoping that people don’t read the fine print of the other side of their letter, which begins: Corporation Compliance Recorder is a non-governmental service business that assists corporations to avoid possible penalties and fines with state and government agencies.
Aside from taking your $95, 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.
I just filed an online complaint with the Oregon Better Business Bureau. If you get a letter from the Corporate Compliance Recorder, file your own complaint. The sooner these folks are exposed for the rip-off artists they are, the better.
[P.S. on May 21: The Oregon Secretary of State's Office has issued a warning about this scam. They recommend filing a complaint with the Department of Justice if you get a mailing from the Corporation Compliance Recorder.]