Better Business Bureau warns of mortgage letter scamPosted: Updated:
The Better Business Bureau (BBB) is warning of a mail scam related to mortgage lending. A letter is being sent out telling the recipient that they have won $5 million in a lottery from a bogus Fannie Mae or Freddie Mac company. When the phone number in the letter is called, the caller is told to use Western Union to wire $850 to a Las Vegas location.
If you get this letter in the mail, you should contact the BBB at 520-888-5353, or the postal inspector's office at 520-388-5311. If you receive the notice via email, you can report it to the Federal Trade Commission by clicking