How fake businesses can become a real problem for you

PHOENIX, Az. (InvestigateTV) — Imagine your name and home address are used to start a business, but you have nothing to do with it.There are reports of this happening in several states of fraudulent companies registering with random addresses. Experts say it can cause trouble for unsuspecting property owners.Morgan Johnson doesn’t own a furniture store or run a toy wholesaler, but there’s paperwork that sure makes it look like she does. Three times in the past year, someone has created limited liability companies in her name at her address. Johnson discovered the fraud after receiving mail about pending credit accounts she never opened.“I freaked out a little bit about it because it felt so intrusive,” she told On Your Side.Fraudsters create fake LLCs with the goal of cashing in, often passing bad checks or opening a line of credit they’ll never repay. “The bottom line is it’s not for a good reason,” said Tanya Gibson, the director of the Corporations Division at the Arizona Corporatio