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  • Report:  #113499

Complaint Review: KingsWay Associates

KingsWay Associates ripoff I sent them insurance money to secure a loan Norman Oklahoma

  • Reported By:
    Parachute Colorado
  • Submitted:
    Mon, October 18, 2004
  • Updated:
    Wed, October 20, 2004
  • KingsWay Associates
    131 E. Main St.
    Norman, Oklahoma
    U.S.A.
  • Phone:
    888-238-2481ext 1
  • Category:

I filed for a loan through KingsWay Associates on 9/16/04. I was contacted within 24 hrs. and was told that I was approved for the loan and that Rebecca Goldberg had the check in her hand.

Rebecca Goldberg faxed me the loan documents, so I read them and told her that I was going to do the insurance. She gave me this name and address of where I had to send the money. I western unioned 600.00 dollars to Howard Brooks in Toronto, Ontario. It cost me 50.00 to do that.

Rebecca Goldberg then told me that she was direct depositing my loan check to my account. After a couple of days, I have not received anything, Rebecca Goldberg called me back and told me that the Insurance company(Bernam & Thorpe Group INS.) had sent them the wrong insurance form and that my insurance was 900.00 dollars instead of 600.00 dollars.

Rebecca Goldberg then asked me if I was still interested in the loan and I said yes. Rebecca Goldberg then told me that I needed to send 300.00 dollars more to Howard Brooks but this time send it Money Gram. This cost me $14.17.

I have been trying to reach the company everyday and all I get is a answering machine telling me that the line is out of service.

Cheri
Parachute, Colorado
U.S.A.

1 Updates & Rebuttals


Paul

Anaheim,
California,
U.S.A.

The nerve of these people! Cheating each victim not once, but twice for the same scam!

#2Consumer Suggestion

Tue, October 19, 2004

Cheri, here's how this works. There was no loan. Never was. Never will be!

The idea was to cheat you out of your money! Right from the start, that was their plan.

First they got you for $600. That's bad enough.

But then, they figured they had a sucker, so why not cheat you some more. That's why they took another $300.

Don't call. Don't write. It's a waste of time.

The only thing you will receive here is a lesson. Hopefully, you have enough left to pay the next rent and go on with your life.

I'm truly sorry to hear this happened to you. In the future, check here before you buy anything you find on the internet. If it's a company not listed in the frauds, send in a rebuttal and ask about it. Do whatever you have to do to prevent this from happening again!

Don't try another loan company. It'll more than likely be the same thing.

Respond to this Report!