Regulators in Escrow crack down

California regulators have declared a hunting season on unlicensed Internet escrow companies. According to Associated Press, five were shut down yesterday by the Escrow Fraud Task Force with a little help the Federal Trade Commission, Federal Bureau of Investigation, Southern California High Tech Task Force, Los Angeles County Sheriff's Department. They included of Arizona, of New York, of Texas, of London and of Europe.

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News source: The Inq

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