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Mutual Loan Bank Scam

I just got a call from a telemarketer who is pitching a scam investment in a company called Mutual Loan Bank. Immediately, he threw out $0.50 per share, with a minimum $10k investment with a $29 potential return. He further stated that they are going "IPO" in the next several weeks at $1.50 share price.

Beware. This is obviously a scam, and possibly may involve identity theft. When he asked for my birth date, I knew it was more than a scam. I asked for his phone number so I could call him back. He stated he didn't give this information out to retards.

When I asked for his SEC registration/credentials he started to grow belligerent and called me a "retard." I quickly pointed out he was violating SEC law, to which he called me an idiot and retard.



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I was contacted by R Holland and he wanted to sell me stock in a bank known as the Mutual Loan Bank owned by Mutual Loan Corporation, allegedly the fastest growning bank in the US!! He told me he would sell me 10,000 shares for $1.00 and that I would quickly be able to sell it at $6.00 per share. He had my address and said that he called me in the past and that because I did not buy I missed out on a large gain. Beware of MLM's bearing gifts. No bank of this nature would be selling on a cold call boiler room. Thanks for the opportunity Robert but I will pass.

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