- Report: #1414497
Complaint Review: GP CAPITAL LLC of Atlanta Mr. Patrick Grayson and Mr. Kyle G. Lewellyn - Atlanta Georgia
Reported By:
Roger -
Sao Joao da Caparica, Setúbal, Portugal
Submitted:
Updated:
-
Author Confirmed
Why?
GP CAPITAL LLC of Atlanta Mr. Patrick Grayson and Mr. Kyle G. Lewellyn
5784 Lake Forrest Drive, Ste 220 Atlanta, 30328 Georgia, United States
Phone:
470 239-5185
Web:
www.gp-capitalllc.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
GP CAPITAL LLC of Atlanta Mr. Patrick Grayson and Mr. Kyle G. Lewellyn Misrepresented the availability for a loan and will not return funds sent as processing fee Atlanta Georgia
I was contacted on the website LinkedIn to apply for a loan to purchase a property. I sent all necessary documents requested and also sent a processing fee of $3000 and an additional $1000 for insuring the loan, only to be told at the eleventh hour that an additional $9000 is needed for the insurance due to a new law installed by the IMF to control money laundering. I asked Mr. Grayson to cancel all as I did not have an addditional $9000 to send and to send back the initial $4000 I sent. But he refuses to send the funds back. I feel very foolish to have fallen for this scam and fraud, but even after research and due diligence and finding nothing indicating scams or fraud on their part, I thought they were legitimate.
1 Updates & Rebuttals
Jim
Anaheim,California,
United States
The Red Flags Were There...
#2Consumer Comment
Fri, December 01, 2017
I mean this was an obvious scam from the start and you would have never needed to look up whether this was legitimate or not: Here are the clues for you that should have jumped out to you that this was a scam:
- Paying an upfront processing fee of $3,000
- Insurance you pay upfront on the loan of $1,000
Had this been a legitimate loan, any fees (processing or otherwise) would have been written into the loan you would have received and would have eventually paid back at some point. Think about this: Why would any organization who is loaning money to you - need to get money from YOU first? How does any of that make any sense?
Advance Fee loan scams can be found on FTC.gov and here is an article for you to read so you never fall for this again.
https://www.consumer.ftc.gov/articles/0078-advance-fee-loans
Best of luck to you.
