01, 2013 - SAINT PAUL, MN – Two recent investigations conducted by the Department of Commerce Fraud Bureau uncovered insurance “policy mill” schemes that resulted in felony insurance fraud and forgery charges against individuals who masqueraded as insurance agents bilking their customers out of cash and insurance coverage.
11, 2013 - Attorney General Lori Swanson and Commerce Commissioner Mike Rothman today filed a lawsuit against CashCall, Inc., a California outfit with a history of legal troubles, for charging Minnesota borrowers annual percentage rates ("APRs") of up to 342 percent and origination fees of up to $500 after falsely telling them that the loans are governed by tribal law.
27, 2013 - SAINT PAUL, MN – The Minnesota Department of Commerce’s name is currently being misappropriated in a phishing scheme related to the Unclaimed Property Program. The emails reported to the Commerce Department use the subject line “Heritage”, and are written in Slovenian urging relatives of “Andrew Novak” or other unknown relatives to claim their inheritance.
02, 2012 - Kicking off an unprecedented statewide outreach effort, Governor Mark Dayton today issued a proclamation declaring April to be Financial Literacy Month in Minnesota. In nearly 40 outreach events across Minnesota over the next four weeks, the state’s newly founded Interagency Work Group on Financial Literacy will work to empower tens of thousands of Minnesota students, soldiers, families, and senior citizens to learn more about their finances and make informed decisions to secure a successful financial future.
24, 2012 - The Minnesota Department of Commerce continued its commitment to financial literacy this week, encouraging military families to defend their financial futures. During national Military Saves Week, the Commerce Department launched a new section of its website dedicated exclusively to providing financial tips and tools for military servicemembers, veterans, and their families.