Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Supported by

Weak Safeguards Make Nevada Businesses Targets For Fraud

LAS VEGAS (AP) — Scammers have exploited a number of Nevada businesses by taking advantage of a filing system allowed by the secretary of state's office.

The Las Vegas Review-Journal reports for as little as $150 and without facing any questions from the state agency, anyone can submit records online or in person to name themselves directors or managers of any company in Nevada

Once the records are changed, scammers can exploit the credit and assets of the companies. Cases in Nevada and other states show how alleged thieves used phony business ownerships to buy cellphones and luxury vehicles and sold off land.

Sponsor Message

State lawmakers now want to take action to combat the filing of fake business documents with the Nevada secretary of state.