- Report: #1526174
Complaint Review: Finance For - Lakeville MN
Reported By:
Shannon -
Drexel Hill, PA, United States
Submitted:
Updated:
-
Author Not Confirmed
Why?
Finance For
17863 179th Trail West Lakeville, 55044 MN, United States
Phone:
651-448-2694
Web:
https://www.finance4llc.com
Categories:
Business Rating:
(0)
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Finance For, LLC Richard John Schwegman LOAN FRAUD - SCAM through internet emails and phone calls/texts Lakeville MN
Report Attachments
2nd email soliciting what they claim to provide
Original Loan Agreement
His Citibank proof of funds
Their requirements for funding
$175k loan Agreement
Richard Schwegman pulled a fast one on me. He convinced me by showing me proof of funds that he and his company had an interest in loaning my company money on several deals. Had he made good on his first two deals, he may have been able to scam me for even more money. Thank God he only conned me out of $10,620 but by accident I only sent $10,600.
Here was what he really wanted.
"Good Afternoon and how are you today?
The loan has been originated and insured. All the process from my end
has been completed for funding. My Attorney and the rest of the board
members have made me understand that you need to make a deposit for the
loan non-collateral process since you applied for a non-collateral loan.
It aims to know the borrower's capability to repay the loan on time.
I made them understand the true reason for this loan, it wasn’t my
vision that the whole transaction will go in this direction. I tried all
in my power on your behalf to see how this can be done without the
collateral process but still all turn abortive, I tried to make them
understand, that you need to close on a deal on the 13th of April (buy
and hold) and that was the reason you called for the loan, so after much
pleading on your behalf they agreed to split down the charges.
Presently, the total charge for Non- Collateral Charges is $24,750 but
they will accept $18,750 as a down payment after the disbursement of
funds to your account you make back the remaining balance of $6,000. I
made them understand that this is still very much high for you to pay
but they made me understand that this is as far as they can go and this
payment must be made available within the next 24 hours. All fees are
100% refundable at the point of funding and you will receive a total
loan amount of $513,750.00 instead of the loan amount of $495,000.00(the
2 deals). This fee covers every other deal you will be having with us
after this deal.
NOTE; You are eligible to receive an exclusive offer from us after this
deal, which include a top-up loan and a reduction of the rate from time
to time.
Kindly get back to me with a response to the settlement of the
collateral fee. As soon as you remit the payment for the collateral fee,
they will proceed immediately with the crediting of your account with
your loan funds. I'm sure that this is very clear and of good
understanding to you.
I also assure you that this is strictly legit and you have no worries
because I'm giving you a 100% guarantee that you will have the loan
funds as soon as you deposit the collateral fee.
I will get back to you shortly with the loan guarantee letter shortly."
My response was to send me back my $10,600 and that is when he said, he spent it on administrative costs associated with the loan. What a load of crap as he promised 100% guarantee and 100% refundable fees.
