Briarcliffe Financial Group contacted me by phone and faxed me a contract for a secured personal loan for $15,000 but I received no money and lost the security deposit the claimed the "Broker" required to secure the loan White Plains New York
This company poses as a lending group for people with bad credit. All documentation sent by Briarcliffe Financial Group looked legit. When they contacted me I was offered a $15,000 secured loan which they requires 3 months of payments upfront to secure the loan. After 1 year the security would be rolled into the loan toward the principle. It all sounded legit. The money was to be sent to Milton, Canada where the Broker was. I was asked to use Money Gram (Wal-Mart) to do the transaction. I was hesitant do do so and was told that I can put it in someones name I knew. As long as they see the money is there. I went to Money Gram web site and it stated that to receive the funds proper ID has to be presented. Well NOT! When they called me and stated that insurance was required in the amount of $1000, done the same way, I called Money Gram to check on the first transaction, it was cashed. I spoke with Agent Services about this since the name on the transfer was a childhood friend of mine which Briarcliffe did not know. After a heated discussion with them they made out a report to their Fraud department. How can they allow anyone to receive a transfer without ID. first she said they had fake ID's, I told her there was NO WAY since Briarcliffe DID NOT know the name to which I sent it and that they must have known, or paid, the person working for Money Gram to get the info. Bottom line - Stay CLEAR of Briarcliffe Financial Group and Money Gram. Neither of these companies are secure!
D
acworth, Georgia
U.S.A.
5 Updates & Rebuttals
Joe
Austin,Texas,
U.S.A.
THIS IS A CLASSIC SCAM AND THEY PULL IT WITH CREDIT CARDS TOO!
#6Consumer Comment
Wed, December 31, 2008
i HAVE BEEN OFFERED THOUSANDS OF DOLLARS OF LOANS AND CREDIT CARDS BY RIP-OFF ARTISTS LIKE THIS --AND THEY HAVE ANOTHER SCHEME WHERE THEY TELL YOU THAT YOU HAVE WON A CASH PRIZE OR A LOTTERY OR A LUXURY CAR AND YOU WILL HAVE TO SEND THEM A DEPOSIT TO PAY TAXES ON THE WINNINGS.
AND THEN THERE IS THE EVER POPULAR ON E WHERE THEY SEND YOU A CHECK --A FAKE CHECK OR A STOLEN CHECK -- AND YOU HAVE TO DEPOSIT IT IN YOUR ACCOUNT AND SEND THEM SO MUCH FROM THAT CHECK TO COVER THE FOWARDING FEE OR SOME MADE UP NONSENSE.
THE INTERNET SCAMMERS NEVER STOP AND THESE MIGHT BE SENT TO YOU IN THE REGULAR MAIL TOO.
IT IS A SCAM,SCAM,SCAM. DO NOT PAY A FEE UP FRONT TO BORROW MONEY,SECURE A CREDIT CARD, PAY A DEPOSIT ON A CHECK THAT YOU NEVER EARNED OR ANY MONEY IN CONNECTION WITH SOMETHING YOU ALLEGEDLY WON WHEN YOU NEVER ENTERED ANYTHING AND EVEN IF YOU DID BE CAREFUL THAT YOU DON'T PAY ANYTHING UP FRON BECAUSE AFTER ALL YOU WON IT FREE AND CLEAR --EMPHASIS ON THE WORD FREE. THAT MEANS YOU DON'T PAY ANYTHING.
AND THIS OLD SCAM HAS BEEN AROUND AS LONG AS MY GRANDPARENTS AND PROBABLY GREAT- GRANDPARENTS HAVE BEEN AROUND.
CONSIDER THIS RIP-OFF TUITION IN THE SCHOOL OF HARD KNOCKS AND RESOLVE NOT TO EVER LET THIS HAPPEN TO YOU AGAIN.
YOU MIGHT TRY CONTACTING THE CONSUMER FRAUD DIVISION OF YOUR STATE'S ATTORNEY GENERAL'S OFFICE... IF IT WAS SENT TO YOU BY FEDERAL MAIL, REPORT IT TO THE POSTMASTER AND THE FBI,
IN ANY CASE, GOOD LUCK GETTING YOUR MONEY BACK.
Michael.llora
Huntersville,North Carolina,
U.S.A.
The same thing happened to me
#6Consumer Comment
Wed, December 31, 2008
The same thing happened to me, I also spoke with Jason Richardson and Frank Reivera. I also filed a report here. I am trying to see if there is anything that we can do to get out money back. The more people that this happened to the more power we have to fight it.
Robert
Buffalo,New York,
U.S.A.
FYI in the future.
#6Consumer Suggestion
Wed, December 03, 2008
When applying for CONSUMER credit/loans it is absolutely ILLEGAL to require a security deposit/prepayments of any type for the purpose of securing the credit/loan.
Any outfit that requires a fee for a personal loan, credit card, etc. as a REQUIREMENT for credit approval is violating federal law.
This is one of the issues that Hargrave & Associates is experiencing as a result of the way they offered credit cards to folks with poor or little credit histories.
Laurie
Haslet,Texas,
U.S.A.
Advance Fee Loan Scam
#6Consumer Comment
Wed, December 03, 2008
http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm
Advance-Fee Loan Scams: Easy' Cash Offers Teach Hard Lessons
A quick internet search would have prevented this - but you chose not to check it out first.
Laurie
Haslet,Texas,
U.S.A.
ITS CALLED ADVANCE FEE LOAN SCAM
#6Consumer Comment
Wed, December 03, 2008
Advance-Fee Loan Scams: Easy' Cash Offers Teach Hard Lessons
http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm
The link is to the Federal Trade Commission website
Next time take a minute to check things out on the internet before you jump into these types of bogus offers - the info is out there - you DID NOT BOTHER TO LOOK!