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  • Report:  #1470157

Complaint Review: SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER

SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER BORIS/ BORUCH LAST NAME WEINSTOCK I HAD A LOAN WITH SPG FUNDING. THEY SENT ME A PHONY SETTLEMENT LETTER AND CHARGED MY ACCOUNT AN EXTRA 30 THOUASAND DOLLARS BROOKLYN NEW YORK

  • Reported By:
    howard — marco island United States
  • Submitted:
    Mon, December 24, 2018
  • Updated:
    Mon, December 24, 2018
  • SPG CASH ADVANCE /BORUCH WEINSTOCK OWNER
    1221 MCDONALD AVE
    BROOKLYN, NEW YORK
    United States
  • Phone:
    917-825-9761
  • Category:
    ,

I HOWARD F WAS CALLED BUY SPG CASH ADVANCE LOCATED 1221 MCDONLD AVE ON OR AROUND FEB 2017 THEY OFFERED ME A LOAN FOR MY BUSINESS. NOT KNOWING ANY BETTER I GAVE THEM ALL MY BANK STATEMENTS AND ACCOUNT INFO. AT THAT TIME THEY APPROVED ME FOR 100.000.00 DOLLAR LOAN. I WAS IN SHOCK WITH THE INTEREST RATE BUT WENT FORWARD ANYWAY. I WAS PAYING FOR IT ON TIME FOR ABOUT 4 MONTHS AND COULD NOT PAY ANYMORE SO THE LOWERD THE PAYMENT TO 1.000.00 PER WEEK. I GOT IT DOWN TO AROUND 74 THOUSAND DOLLARS. THE OWNER BORIS OR BORUCH GAVE ME AN OPTION IF I WANTED TO SETTLE THIS. NOW UNDERSTAND I PAID BACK ABOUT 70K THERE WAS INTEREST ON THE 100K. SO I AGREEDED TO TRY TO GET THE MONEY FROM A FRIEND. THE AMOUNT WE BOTH AGREED ON WAS 35 THOUSAND.HE SENT ME A SETTLEMENT LETTER.

AT THAT POINT I SET UP TO WIRE HIM THE FUNDS. I DID THE WIRE AND HE CALLS SAYING THE WIRE I SENT WAS TO A CLOSED ACCOUNT. HE INFORMED ME THAT IT WOULD TAKE 2 OR 3 DAYS FOR THE MONEY TO GO BACK TO MY ACCOUNT. SO I HOWARD FRANK TRUSTING HIS WORD REWIRED THE 35 THOUSAND AGAIN TO THE SO CALLED CORRECT ACCOUNT. THEN ABOUT A DAY LATER FOUND OUT THE ACCOUNT WAS NEVER CLOSED. HE SCAMED ME FOR 30.000.00 DOLLARS. 

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