Complaint Review: United Capital Investments - New York New York

Same scenarios like the ones that other borrowers reported here. I applied on-line to catch up with my family's bills to start with a clean slate and a couple days later a person named Jennifer Smith called me telling me I was approved for a $5000 loan and that if interested she will send me the loan approval form via email and once I've received it to fax it back to her and an account supervisor will contact me for further details. So I did - I mean who wouldn't when you are in need of some financial assistance. - After faxing the form - their account supervisor "David Anderson", he said his name was - told me that in order to disburse the loan I need to pay the first 4 monthly premium payments totaling to $599.40 through western union to be sent to a person named Corey U.C.I Brown in Ontario, Canada, whom supposedly to be their agent. Stupid of me to believe. After doing some research on the internet and found nothing I was hesistant but then I saw the company on superpages.com by verizon when i search for bad credit lenders, so I figured they must be legitimate. So I sent the money on May 6 @ 9 am PST, and was told that within 2-3 hours the money should be in my bank. But 4 hours came by no money. So I started calling but no answer. Monday came I spoke with Vickie Armstrong (who was very rude) who told me that the reason was that I haven't paid the acquisition fee of $450 and I said well what guarantees do I have - and she assured me that it will be in my account once they have received the fee. I sent the money once again through western union to the same person and waited Monday came and went still no money so I decided to cancel the money transfer. I called everyday looking for David Anderson the "account supervisor" and requesting for a refund. Then on Thursday I spoke with Denise Springer "manager of the company" - so I told her about my frustrations and situation - so she sweet talked me and apologize and assured me that once they've received the acquisition fee the money will be wired to my account within the hour they have received it. So, I sent the money once again and this time they picked it up and after an hour had passed the money was still not there. And everyday after that I have been calling and calling and until yesterday Denise Springer said that the loan was denied and that they are sending me my refund back so I am still waiting for that one. I have filed a complaint on this company on this website, to the Department of Consumer Affairs, to the California Department of Corporations and to the Better Business Bureau. And I am going to seek legal advice on what to do with this company. I am now in more trouble than I originally started with- my car is on the verge of repossession, I have probably a dozen of returned checks because I believed that the money that I loaned will be in my account before my issued checks got cleared and now my bank is overdrawn from all the NSF charges.

So to all of you out there please let my bad and expensive lesson teach you not to trust everything that comes along your way - and I encourage other people who got victimized by this company to report it to the authorities I have mentioned on this report that someone with legal authority do something to scams like this and that we may be able get what was ripped off from us.

J

fremont, California
U.S.A.