State Periodic Reports
Our office has received several complaints from Colorado business owners about a letter that they received over the weekend from “Corporate Controllers Unit LLC”. These letters look official and even include a seal, which some may misinterpret as a State of Colorado seal.
The letter has clearly been designed to appear official and create a sense of urgency on your part for you to “act immediately”. The company even quotes state statute as to what you as a business owner are required to do to keep compliant with the State of Colorado. If you read the mailing closely, you will see that it clearly states, “We assist entities to avoid non compliance with the above provisions” and “submit with the annual fee of $225.00”. In that sense of urgency that was created, you probably never even noticed the statements of “this product or service has not been approved or endorsed by any Government Agency,” or “this is a solicitation for the order of services,” or “you are under no obligation”.
This company, along with many others like it, prey upon the hopes that you will not do your homework to find out whether you can accomplish this service on your own for a much lower cost. What you as the consumer/business owner need to be aware of in this type of situation is, you may file your annual report for your company online at the Colorado Secretary of State's website for $10.00.
There is also concern about the mechanisms of payment accepted by these types of companies. By sharing your personal bank account information, whether by check or credit card with someone you don’t know, you run a bigger risk of becoming a victim of identity theft.
Always check the validity of a business with the Better Business Bureau at (866)206-1800 or you may access their website at bbbsc.org.
If you ever question the validity of a government document, please contact the agency directly by calling the number listed in your phone book. Never verify by calling a number printed on the document.
IDENTIFY A SCAM BEFORE A SCAM IDENTIFIES YOU!
