Santa Clarita Assemblywoman Hosts Seminar Warning Illegal Internet Lending, ‘Sweetheart Swindles’

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As millions of Californians endure financial hardship and fall prey to pandemic-inspired frauds and scams, Assemblywoman Suzette Martinez-Valladares, R-Santa Clarita, held a seminar Friday in an effort to provide tools that safeguard personal and financial information.

In partnership with The Department of Financial Protection and Innovation (DFPI), the seminar was open to all Santa Clarita residents via zoom Friday in an effort to inform the public on fraud trends frequently occurring throughout the valley, including illegal internet lending and “sweetheart swindles.”

“The COVID-19 pandemic has been a boon for fraudsters and scam artists,” Valladares said. “While we’re working in the legislature to crack down on these criminals, it’s also important for us to learn how to protect ourselves and that means protecting our personal information.”

Having expressed the increase in scams since the onset of the…

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