alternativeescrow.net

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alternativeescrow.net

Postby suziecue » Thu Apr 06, 2006 3:39 pm

This escrow "company" web site actually appears significantly non-functional; the domain was registered in May 2005, so I would imagine they would have gotten their act together if they were a real company! Only page I found working was http://www.alternativeescrow.net/Aboutus.htm

Alternative Escrow Inc is an independent escrow company based in Los Angeles, United States..
We were born out of the ever increasing need for fast, reliable transactions which would also not exclude the one value that the Internet Community cherishes most: privacy.

Approach
Alternative Escrow Inc is fully licensed and accredited as an escrow company and is subject to compliance with all applicable escrow regulations, including the European Financial and Business Code.

Alternative Escrow Inc provide online transaction management technology and business escrow services that facilitate and accelerate B2B, B2C and P2P e-commerce by assuring secure settlement. As an online rules-based application, Alternative Escrow Inc offers customers the opportunity to integrate transaction management and/or settlement services.

Our solutions
Online escrow services provided by AlternativeEscrow.Net are provided independently and exclusively by Internet Escrow Services, (IES), one of its operating subsidiaries. IES is fully licensed and accredited as an escrow company and is subject to compliance with all applicable escrow regulations, including the California, US Financial and Business Code.

License
Alternative Escrow Inc , located in the state of California, is audited regularly by the following entity:
California Department of Corporations
License #9632053


It looks like this is a variant of alternativeescrow.com from 2005; there's an interesting "Cease and Desist" order from California about that site, and the .net version is probably a clone! PARTICULARLY, this bit
c) Alternativeescrow.com and Clyde Hughes have represented that the escrow services provided by Alternativeescrow.com are provided by Internet Escrow Services (IES), and that IES is ?fully licensed and accredited as an escrow company and is subject to compliance with all applicable escrow regulations.? In fact, IES is an affiliate of Escrow.com and Alternativeescrow.com is not affiliated with either IES or Escrow.com.
d) Alternativeescrow.com and Clyde Hughes have represented that the company is Alternative Escrow, Inc., that it holds escrow license number 963-2053, and that it is located at 2752 Tapo Street, Simi Valley, California 93063. In fact, California escrow license number 963-2053 was issued to Alternative Escrow, located at the above-referenced Simi Valley address, on January 26, 2005. Alternative Escrow, Inc. does not engage in personal property transactions over the Internet, and Alternativeescrow.com is not a web site of Alternative Escrow.

See http://www.corp.ca.gov/enf/info/dr/05pd ... rowcom.pdf for the full authoritative original version...
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