Michigan's Office of Financial and Insurance Regulation ordered an entity that claimed to be a credit union to stop doing business.
The state regulator said that an entity claiming to be Firststar Credit Union may be stealing customers' money and identity.
"The fraudulent financial institution, which advertised in Michigan newspapers, is encouraging customers to apply for loans by providing upfront payments and personal information," the agency said in a statement.
It contacted the Website's host, and the site, www.firststarlendingservices.com, has been shut down.
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