Complaint Review: Paragon Capital Corporation

I had searched the web for a personal financing company and received a phone call from Paragon Capital Corporation. A Henry Porter at extension 5 told me I was approved for a $5,000 personal loan but would have to Western Union $900 to Faith Reader in Toronto, Canada, for insurance purposes. I made it clear that would be my entire paycheck, and he assured me that the loan money plus the $79.00 fee from Western Union would be in my account in 24 hours.

After checking with my bank several times to no avail, I phoned Henry Porter, he advised me that my application along with several others had been red flagged and I would need an additional $900 to secure the loan. I told him that would be impossible and to cancel my application and refund me the money. I was informed it would take 30 days to refund because they had to deal with attorneys and the CEO of the company.

After 45 days, I again contacted the company again....and was told there had been lay-offs in the mailroom and it would take a little longer (a week or two) and it would be delivered by courier and that someone over 18 years of age would have to be present to accept it. Two months later I still have not received a cent of my money and can no longer get ahold of the company. The telephone number has been temporarily put on hold.

I am reporting them to the Attorney General's Office. I have already reported them to "Western Union" as a fraudulent company.
I want my money back and need help in pursuing this.

Theresa
Buffalo, New York
U.S.A.