Company Information

Get to know American Compensation Service

"American Compensation Service" is not a legally registered or operational company. The name is consistently associated with a widespread advance-fee fraud scheme reported by numerous consumer protection agencies, including the Better Business Bureau (BBB). In this scam, victims receive unsolicited checks appearing to be from "American Compensation Service," often as a supposed prize or payment. They are instructed to deposit the check and immediately wire a portion of the funds back to the sender to cover taxes or fees. The original check later bounces, leaving the victim responsible for the full amount sent to the scammers. There is no evidence of a legitimate company with this name providing any actual services.

Industry

Financial Other ServicePRIMARY
Financial Insurance

Contact

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American Compensation Service

Name: American Compensation Service
Address: US

United States

Founded in

1966 (60 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.