Complaint Review: TRIBECA LENDING GROUP

A so called lending institution by the name TRIBECA LENDING GROUP called one day saying i was pre approved for a $5,000.00 small buisness loan. A man named Paul Bowen said based on my credit score i would need to send the first five months payments up front as earnest money. After having the companys backround checked as thoroughly as possible i was convinced they were ligit, so needless to say i sent the money.

A couple days later TONY WATSON called back saying that the lender required either an insurance policy of $900.00 or another five months payments of $800.00. So i sent the $800.00 and still nothing. After a few days i called TONY WATSON and he says the lender decided to not follow through with the loan and has decided to refund the money, they said it would arrive by mail in 10-15 buisness days,a month later NOTHING. ther phones say that it is not a working number.

I have contracts from these people and letterheads stating what they had promised, still nothing. Do not be fooled, you dont need there money bad enough to risk the little money you have. i confronted them that they are a scam, they say they have been in buisness 15 years they would not benifit from stealing my $1,600.00. not just mine but yours to. that they would benifit from.

Richard
PHOENIX, Arizona
U.S.A.