Utility Savings Expertutilitysavingsexpert.net - save 50% on any bill
Last October, my family members received a phone call from a company dubbed Utility Savings Expert, whose website (utilitysavingsexpert.net) features the tagline We are here to help you, but omits the second half of the sentence: separate you from your money.
The pitch was enticing: Utility Savings Expert claimed they could help customers save up to 50% on various bills, including cell phone, cable, electric, and more. All you had to do was share your account information in order for them to pay the bill on your behalf. Once you checked to make sure the bill was covered, you simply wired the company half the full amount due. Voila! Instant savings.
The offer was so tempting that my family members, who are retired and live on a fixed income, decided to try it with their Sprint phone bill. They gave the scammers their Sprint account information, and a few days later, sure enough, their $250 bill had been paid in full. Satisfied, they agreed to send half the amount to the Utility Savings Expert company. The catch? They could only send payment via wire transfer, not check or credit card.
Legitimate companies won’t require you to pay only by wire transfer or reloadable debit card.
That should have been a glaring red flag, says Brandy Bauer of the National Council on Aging. “Legitimate companies won’t require you to pay only by wire transfer or reloadable debit card,” she says.
It wasn’t until about a month and a half after they wired the money that they noticed something wrong. Sprint was charging them an additional $250 because a payment made on their account weeks ago had been reversed.
Here’s what most likely happened: the scammers called the issuer of the credit card they used to make the payment and alleged that it was a fraudulent charge—so the bank reversed the charge. Of course, the victims were out both the money they wired and still had to pay their Sprint bill.
16 Reviews on Utility Savings Expert
Great Savings Expert and Utility Savings Expert are one
Great Savings Expert people called me offering 50% off any bills that they can pay.
Very enticing but too good to be true.
I said no but this Pakistani guy kept calling on my business line to a point that I blocked his number but then he called me again with a different number. He insisted if I am not convinced he can have his manager call me and explain how this scheme works. I ignored but he kept calling and started saying he works on commission and I will be doing him a favor if I did this because he really needs money. I knew it was a scam but just to make him believe he got me, I gave him an old invoice of my mobile bill of some $100 but next day they paid $500 on the account and expected me to send $250. They said they use coupons for bill payments and only available coupon they had was $500 so they used that for me. I looked up the account and the bill was actually paid using a credit card.
The first person called I said I am not convinced why they paid $500 so he had his “manager” call me and I told him I know all this is a scam and I work at a bank and this is a classic scam we read case studies about and all that but he was still trying to convince me and question my line of work thinking I am lying about my job and finally gave up knowing he is wasting his time with me.
They also send me a work document a 5 year old can make and called it a receipt for that $500 payment.
Anyway a week later the transaction was reversed.
So, Yea it is a scam, Do not fall for these morons.
They are not even that professional but committed to scamming. So beware.