SPRINGFIELD, Mass., April 23, 2015 – MML Investors Services, LLC (MMLIS), a broker-dealer and registered investment advisor, is aware that third parties have reported receiving counterfeit checks and letters from an entity that is using the name “MML Group.” MMLIS, MassMutual, and its affiliated companies are not in any way associated with “MML Group” or with the counterfeit checks, which have absolutely no value.
As part of the fraudulent activity, those receiving a letter from “MML Group” are being instructed that in order to activate the check, an ID and password that have been provided in the letter must be used to logon to www.mmlevaluate.com, a site that is not connected to MMLIS, MassMutual or any of its affiliates.
To date, the recipients of these materials have reported receiving them via delivery from the U.S. Postal Service, which carries a postal stamp from Madrid, Spain. It is possible that the solicitation may also include – but may not be limited to – telephone, e-mail, and overnight delivery services.
What to do:
If you are suspicious about any check you receive with MassMutual's name or logo on it, please call MassMutual's Treasury Bank Reconciliation Unit at (413) 744-3330 to verify the check's authenticity.
If you discover that you received a counterfeit check or notification via mail delivered by the U.S. Postal Service, consider filing a mail fraud complaint with your local Postmaster or directly with the U.S. Postal Inspection Service at United States Postal Inspection Service: https://postalinspectors.uspis.gov.
If you discover that you received a counterfeit check via UPS, FedEx, or other non-U.S. Postal Service delivery service, or communications or solicitation that have involved the internet or e-mail, consider filing a complaint with the Federal Trade Commission’s Bureau of Consumer Production: https://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection or with the FBI’s Internet Crime Unit at Internet Crime Complaint Center (IC3): https://www.ic3.gov/complaint/default.aspx.
Anyone receiving a counterfeit check should also consider filing a complaint with their local police department.
For additional questions, please contact MassMutual's Special Investigation Unit with questions: https://www.massmutual.com/about-us/contact-us/special-investigation-unit.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyowners consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.