Governor Andrew M. Cuomo today alerted New York State business owners of a scam targeting corporations. Businesses are receiving misleading notifications through the mail advising them of their corporate responsibilities and requesting a processing fee for providing a service that they are led to believe is required by New York State law.�
�Business owners should be vigilant of scams like this that use deceptive tactics to get them to pay unnecessary fees,� Governor Cuomo said. �My administration will not tolerate anyone who tries to swindle New York�s businesses, and I urge any companies that receive these notices to report them to the State�s Division of Consumer Protection. We will work aggressively with law enforcement agencies to prosecute any instances of fraud against New York businesses.�
The document, titled�2014 Annual Corporate Minutes, selectively quotes sections of New York�s Business Corporation Law regarding a corporation�s obligations to hold annual corporate meetings and maintain corporate records. The official-looking document asks the recipient to send $125 to the �Dept. of Business and Compliance� to fulfill their corporate obligations under New York State law.�
New York State does not require business corporations to file corporate minutes with the State or any other government agency. The only document a business corporation must routinely file with the New York Department of State after registering a corporation is a biennial statement.�
Businesses that have received these offers should ignore the solicitation and report fraudulent activity to the Department of State�s Division of Consumer Protection at�518-474-8583�orwww.dos.gov/consumerprotection
To obtain information on corporate filing requirements visit the Department of State�s Division of Corporations at�www.dos.ny.gov/corps.