Print the value of index0
Greenland Financial alliance Frauds, dream killers washington, District of Columbia
I filled out an application for a loan the amount being 5000 dollars because that was there minimum. I was contacted by Benjamin Sutherland the lead financial guy that I was approved for the amount but because of my credit history I am considered a high risk client. I completely understand that because I have had some financial troubles.
He faxed over a loan agreement and told me I had to prepay for 5months the amount being 780.00. I don't have any collateral to insure the loan so this is the next option. He told me to sign the contract and western union the money to Dawn Lennon in North York, Ontario Canada. This is the lender financing my loan.
The next day my loan will be in my account plus the 66.00 for using the western union. Instead the next day I am contacted by Jason Walton the customer service manager. He said so the lender reviewed my credit history and in order to finance the loan they need to purchase insurance on the loan. They need and additional 780 dollars which will total 10 months of payments. Option 2 is to cancel the loan and I will be reimbursed at the end of the month.
I am a single mother the money I already sent was all I had and I'm crying to him on the phone. He stated well can't someone help you out I told him I had to borrow 200 to send what I could. He stated well I can give you an additional two weeks and I personally that the very next business day the full amount will be in your account if you send another 780.
1 Updates & Rebuttals
Flynrider
Phoenix,Arizona,
USA
Not real lenders
#2Consumer Comment
Fri, October 29, 2010
You've been dealing with scammers. This is called the Advance Fee Loan Scam. There is no real company, just a name that they made up or stole from a legit company. The names of the people you spoke with are fake, the documents they sent are fake and the phones they used are throwaway cells which will stop working soon. Requiring a large upfront deposit on a personal loan is not legal. Legitimate lenders cannot do that.
The whole point of the scam was to get you to send untraceable cash to them through Western Union. 90% of scams have this element because it is one of the few ways they can get their hands on your money without leaving a paper trail. Anytime someone you don't know asks you to send money this way, you are being scammed. For more info on this scam, please see the FTC's web page :
http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm