Newport Lending Group - Newport Lenders Sooner of later carma will catch up to them... DONT DO IT!!! ITS A SCAM!!!!! Wichita Kansas
I submitted a application for a personal loan through a site that would send my information out to four lenders. I recieved a call from a Russel Hatcher at Newport lending group on 12/12/06. He proceeded to tell me that I was approved for a loan for 10,000 US dollars with a 7% interest rate for $240.00 a month throught a private lender. Then he proceeded to tell me that I needed to secure my loan with 4 months of payments in advance which equals $960.00 and that my payments wouldn't start until April 15th 2007. On 12/13/2006 I proceeded to fax all the necessary paperwork where i had to sign on two pages and then all I had to do was fax it back to them.
On 12/13/2006 he told me that I would have to send the 960.00 as a money gram to the private lender. The private lenders name was Donald Noletter who was located in Hampton Alberta Canada, so I sent the money gram at 2:30pm on 12/13/06. Than I called Russel Hatcher right afterward and stated that I sent it and proceeded to give him the reference number on the money gram. he told me that the fund would hit my account in 24 hours. I waited until the 24 hours was up which was on 12/15/2006 and there was no money. I waited all weekend and no money. i called all weekend to try to get a hold of Russel but nothing not even customer service. Finally I got a hold of a Brandon Foster on 12/18/2006 in customer service would said that my account had a note on it saying that i had to give them another 960.00 dollars i told them no the whole point of the loan was to get money not give money.. i cant believe I fell for it.. Now I am in a way deeper debt than what i was in before. My apt as no furiture and my family car is now being given back cause i cant make them payment, not to mention my bills are out of control. Please someone figure out how to catch this guys and and put them behind bars.
thank you
Sara
Bothell, Washington
U.S.A.
1 Updates & Rebuttals
Dave
New Westminster,British Columbia,
Canada
Advance Fee Loan
#2Consumer Suggestion
Sat, December 30, 2006
Google "advance fee loan" -- there's lots of info about how such a thing is illegal. The best article, IMO, is the one on the FTC website.
File a complaint at ic3.gov.
With enough complaints, they do go after these people. There have been two recent high profile arrests in Canada -- one in Vancouver and a boiler room bust in Montreal. Without complaints, the authorities don't even look for these people.
Western Union is at the root of all these scams. The only people who should be asking you to send them money via wire are close relatives who are somehow in a spot of trouble. Anyone else asking for a money wire is trying to steal. Ask why a company would want to have an employee walk down the street to pick up a wad of cash from Western Union, when it would be simpler, faster, and more secure to have the money deposited directly into their bank account (VISA, EFT, check).