Attention Business Owners:

Scam Alert!!!!

The Oregon Board of Accountancy Recently Released the following information

Corporate Regulatory Committee Annual Report scam

We have had numerous reports of a new solicitation from a company called Corporate Regulatory Committee that many Oregon businesses report to be "confusing", “deceptive”, or “a scam.”

This solicitation cites Oregon Law, warns of potential administrative dissolution if action is not taken by a specified date, and offers to file the renewal with the Secretary of State Corporation Division (for a fee of $238) as the business’ agent. In one example, the solicitation requested fees and a response from the business nearly a full year before the annual report was required to be filed with the Division.

This solicitation uses carefully worded language to attempt to avoid violating any known state or federal laws. In a typical example, for $238 the Corporate Regulatory Committee will pay the required $100 fee to the Secretary of State Corporation Division to complete the annual report filing, and keep the balance for providing the service. If you paid this company to file your annual report with the Secretary of State Corporation Division, you should immediately contact the Oregon Department of Justice, Financial Fraud and Consumer Protection Section.  

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