The District of Columbia Department of Insurance, Securities and Banking (DISB) has received consumer complaints that Cityline Financial Group (CFG) is falsely representing itself as a business located in Washington, DC and is perpetrating an advance fee scam throughout the United States.

CFG purports to be located at 1030 15th Street, NW, Washington, DC 20005, with phone number (888) 271-3718. However, the company is NOT located at the above address or anywhere in the District of Columbia. Individuals who have applied for loans with CFG in several states were required to forward a percentage of the loan amount to a person or company in Canada prior to receiving the loan as part of the application process. However, the loan money was never received by the applicants.

DISB is warning all District residents and consumers that:

1. CFG is falsely representing itself as a business located in Washington, DC
2. CFG is NOT registered to conduct business in the District of Columbia, and
3. It is never a good practice to submit application to any lender who requires an advance fee for a loan.

If you have any questions about companies or individuals offering or selling financial services or products in Washington, DC, please contact DISB at (202) 727-8000 and ask to talk to the Enforcement and Investigation Bureau.