Pacific Trust & Co Informative - Sweepstake/Lottery Scams

Review by hurting on 2007-02-27
I was recently scammed by Pacific Trust & Co. out of Kent, WA. they sent me a check stating i won some money and the check enclosed was for the bond & tax fee to be paid for my winnings. so i deposited the check and unfortunately due to the teller at my ex-bank (bank of america) i was told the check was cleared so thinking that i was using the other peoples money i ended up wiring them $3,500.00 to see if this was for real. well like i said due to the bank error which is a whole nother story. i proceeded to call the pacific back but no answer to my calls until 2 days later when they wanted another $900.00 wired to them for border fees. apparently my winnings were now held up at the border and to let it enter the U.S. i had to pay the $900.00 for custom taxes so my check could cross the border and be sent to me. well this is all a joke. luckily i didn't send them the additional money which would have been out of my pocket like the $3,500.00 i sent when i was under the impression i was using there money. truth of the matter it ended up being my money used thanks to the wonderful bank telling me the check cleared and was deposited to my account when in fact 2 days later my bank tells me the check has been returned and i am now out my $3,500.00 thanks to me being a valued client by my bank who ok'd the deposit before it officially cleared with the maker of the check. which i have discovered was a fake cashier check you are sent and asked to deposit then wire to the company the money back to pay for the bond, tax and insurance to receive your winnings which yes i was stupidly sucked up but even more by my bank cuz i would never have sent my money! anyways i have tried and tried to get ahold of Pacific Trust & Co. numerous times to ask for my money back and do you think i can get ahold of them now? oh hell no!!! i must say it sucks to be stupid let alone lose out on money leaving me only $200.00 in the bank with rent due, kid had to go to emergency room, needed groceries and medicine and being a single mom. so please learn from my mistake and see good fortune coming to you from some stupid lottery or sweepstakes like i did, it does get very costly when you don't have money and you lose what little you did have. i now have a huge medical bill to pay, couldn't pay my rent and now being forced to move with no money or especially a place to live with my son. seriously please don't be fooled or think you just won a life for you and your child which in return you lose your life let alone your childs life.
Comments:7 Replies - Latest reply on 2007-03-01
Posted by Cyane on 2007-02-27:
You aren't going to get help from Pacific Trust because the check was fraudulent, meaning it wasn't their money. The phone number you are calling does NOT belong to them. And it wasn't bank error by the bank allowing you access to that check before it was returned. You don't state when you made the initial deposit. The longest hold a bank could place on that check would be seven business days. It can take up to twenty (or more) business days for that check to be returned fraudulent. I'm feeling that had the bank wanted to put a long hold on that check, you would have been upset, being a valued client. The fact that you had to wire funds outside the country should have tipped you off that the wire was suspicious. Yes, it sucks and it is awful that you are out $3500.00, but this is not the bank's fault.
Posted by Anonymous on 2007-02-27:
I agree with Cyane that it's not a bank error. It takes time for a check to actually get back to the issuing institution. A bad or fraudulent check will be returned for collection. BofA had no choice but to go after you for the funds. It's like passing counterfeit money without realizing it's counterfeit.

There is no listing for Pacific Trust & Co. in Kent, WA. If you 'google' the phone number you might be able to find out who they actually are.

I would have been suspicious on receiving a check for a lottery or sweepstakes that I knew nothing about. It's almost like a Nigerian 419 scam.
Posted by Anonymous on 2007-02-27:
Did you enter a contest, or, even hear from Pacific Trust & Co. before? I doubt it...if it sounds too good to be true, it probably is...
Posted by tander on 2007-02-27:
I've always wondered how people can fall for these scams, when they are posted all over the internet.
Posted by Timboss on 2007-02-28:
FDIC, Special Alert. counterfeit checks. http://www.fdic.gov/news/news/specialalert/2007/sa07013.html

More too, even if the check was cleared it may eventually come back as counterfeit and guess who loses - the consumer who deposited it.

Posted by Timboss on 2007-02-28:
FDIC, Special Alert. counterfeit checks. http://www.fdic.gov/news/news/specialalert/2007/sa07013.html

More too, even if the check was cleared it may eventually come back as counterfeit and guess who loses - the consumer who deposited it.

Posted by truckin21 on 2007-03-01:
I receive, on the average, about five (5) e-mails aday from Wal-Mart, Sears, J. C. Penny, and numerous banks, that I have "Been Choosen to receive a $500.00 {Gift Certificate}, or a "Unlimited Credit card with no credit check". To "receive either one, yu have to do one of 2 things. You either have to answer a "survey that never ends, or you have to give out your bank info so they will {know where to send the check}!!!!!! I NEVER OPEN THEM!!!!!!!!! Any time I receive a e-mail that starts with "You have won/You have been selected to receive a ....., they are deleted without ever being opened. Protect yourself!!! NOTHING, INCLUDING LOTTERY WINNINGS, COMES FREE. In order to win a lottery you have to ENTER said lottery!!!. You see all theses TV adds for "free credit reports"??? Read, and listen REAL carefully, they all come with some kind of payment, usually that you have to join some outfit that will wind up costing you $xxx.xx each month. IF IT IS ACTUALLY FREE, IT WILL COME TO YOU WITHOUT ANY {ATTACHMENTS}.

Your Name:
(displayed with your comment)
Your E-mail:
(required)

Your Experience/Advice:
Check spelling


By clicking submit you agree that you have read and accept the Terms of Service & Privacy Policy.


Note: All comments are reviewed by a moderator before being published. Please be sure to read our guidelines before commenting.