Since start of the COVID-19 pandemic to the end of June the Department of Business Oversight (DBO), has seen an increase of over 40% in complaints made to them. Most of which were regarding fraudulent schemes and questionable investments. It is apparent that during this time there has been and increase in predatory financial activity. The DBO overseas various financial institutions such as banks, credit unions, loan securities broker-dealers, investment advisers, non-bank installment lenders, payday lenders, mortgage lenders, escrow companies, franchisors, Property Assessed Clean Energy (PACE) program administrators and more. As mentioned in a previous blog post by Affinity Escrow Services Encino Company Eco Technology Inc. has allegedly been involved in fraudulent PACE Loans. Specifically targeting older people and those whose first language is not English. Everyone must stay vigilant especially right now. Look out not only for yourself but anyone who you know or are care for that is more vulnerable. If you or anyone you know might be experiencing financial fraud you can reach the DBO (866) 275-2677 or Ask.DBO@dbo.ca.gov. Report it before it is too late.