Sign in  

Advance Fee Loan Scam

Sharing is caring! Are you having problems with Advance Fee Loan Scam? Use ScamPulse to file a complaint.

Advance Fee Loan Scam Reports & Reviews (147)

Report

American Home Finance Group Inc under the name Patrick Sartin reached out to me on LinkedIn because I am in the real estate community. He offered me a loan to fund a deal at 5% interest and 100% funding. After an application period, and an initial payment of $1960, he advised me he would be willing to fund my deal. As I sent this to my attorney, Mr. Sartin advised this was a personal loan and the document that was drafted to my attorney was sufficient as the loan documents. He asked me to pay for insurance to back the deal and they kept calling for my $5,000. After that, he said he would fund it right away with no additional money required. He sent me a document with a Citibank logo on the top that looked like a wire transfer. He then told me that my wire transfer was pulled back and he needed more money to fund the deal. He then made me open a bank account for an "escrow" bank that took more money from me asking me for a deposit for an OTP (one time pin) in order to release the amount from the bank. Then the bank website disappeared. They then mentioned that the IRS needed another $8500 to release the funds to my account and that is how an escrow bank works. I then asked for him to cancel the deal and give me my money back. He said to allow 14 days and he would give me a refund. After 30+ days he said I would have to pay $1300 to release my funds to me that I have already paid. I told him that I would authorize him to take the $1300 out of the funds that he has agreed to return to me. He has declined saying that the money cannot be taken from like that and I have to give him $1300 to release it. Do not use this company and any of its affiliates as they are scammers out to take money from people

Useful
+1
Reply
Report

We got scammed as well! Same address, same business information, Harry Gal was our contact person. We signed the funds guarantee letter, sent him $1250 to process the loan, then he started asking for insurance money. His funds guarantee letter stated that the deposit was refundable several times, and that if he didn’t refund our money in a timely manner he’d owe $750 on top of the refundable deposit. We never saw a penny back. I went through chase bank, which is who he supposedly banked through but they couldn’t get him to return the funds. He lied to us and said he sent it back. I will be getting a lawyer. Very sad to hear I’m not the only family who these scammers got.

Useful
Reply
Report

offered a loan but first had to pay 200 dollars to get insurance on the 10000-dollar loan. Asked why can't it be taken out of my loan said it was a separate fee that had to be paid to an 3rd party I told Edward that sounds like a scam and haven't done anything else

Useful
Reply
Report

Bluegate Capital is a fake loan company that does not deliver on what they promote. I was told that I was approved for a $275000.00 loan and that the company needed an appraisal and I would have to pay for it. I paid for the appraisal, and after they received the appraisal from the company that they chose, their representative, Ricky admitted that he made a mistake and that I would need to pay for another appraisal in order to complete the deal. So, I paid for a second appraisal that they chose, and upon receiving the second appraisal. the manager said that he didn't like the pictures from the home and decided NOT TO DO THE DEAL!!! They had the exact same pics from the first appraisal but said nothing. They wasted my time for over 8 weeks, wasted my money, they operate off of cell phones and they give false promises and don't deliver. I lost out on $275000.00 dollars, plus appraisal money twice, and wasted man hours that I can never get back!

These people are a scam financial companies, there are plenty of complaints from tons of customers on this BOGUS COMPANY! Some of the comments mention the owner of this company as being sued for FRAUD AND THEFT!

DON'T EVER DO BUSINESS WITH BLUEGATE CAPITAL, YOU WILL BE SORRY!!!

Useful
Reply
Report

Loan Offer through company that connects you with lenders. Lender offers loans amount to be deposited into banking account, a lower loan amount is deposited into the bank account, then lender ask that this lower loan amount is sent back to the lender to make sure your account is good before the original higher amount is deposited to the account.

Useful
Reply
Report

i was told to pay money then i would get my loan the next day and kept giving be a time frame but wanted me to give out more money to get the loan

Useful
Reply
Report

another number they called me from first was 609-566-6874 he said his name was Mark Rogers from AnyDay Cash their address was the same and it was for a $6,000 loan at $187.00 month for 36 months but wanted me to call his main boss at 914-228-2359 said his name was Eric Nelson. After taking 5 minutes on hold for it to be approved he came back and said i needed insurance cause i had a low credit score and wanted me to pay $200 which would be added to the loan making it $6,200.

Useful
Reply
Report

James Anderson called me about 2pm and told me that I was approved for a personal loan of $8,000. I had been online applying for various loans because my car broke down and I needed emergency cash. He then emailed me paperwork with company letterhead which indicated the all details of the loan, and walked me through his very detailed website, which appeared to be legitimate. The paperwork showed the interest, monthly payment amount etc. He then stipulated that in order to send me money, he would have to verify my bank account by him sending me a small amount of money and then me sending it back to him. I did not want to use my bank account so he I asked if I could just use my cash app card. He said yes but cash app only through bitcoin because the cash app card had restrictions. I sent him a payment of $320 via bitcoin which was suppose to my first upfront payment on my loan. He said that unfortunately there was an issue and he could not send the loan money because my name was missing my middle initial and the paperwork was already drafted without it. He would have to send me the return and then I make another payment or both would be applied to the bill which would take days or I could simple send an additional $320.00 ( total payments now 640). He emailed that both payments would be returned to me when the loan hit my bank account and offered to stay on the phone with me. When it came time to transfer the loan money, James stipulated that it was late (now 8pm) and although it usually takes 10 mins it would not be there until the next day about 12pm. It is now 2:44pm the next day and I have not received my loan nor my refunded amount of $640 and James has stopped answering the phone. His address is listed as manhattan 529 West 53rd Street New York, NY, however I believe this to be a virtual office. In reading more in depth about his company on their website, I found another company listed as a DBA called RENTOMONEY in their privacy policy and T&C on their site. Neither company has been reported to ScamPulse.com as yet nor so the have substantial negative reviews which would cause me to believe this was a scam. At this point I would just like my money back if possible. I have all the emails and the bitcoin addresses if needed. I just want to stop anyone else from going through this. I am unemployed and I barely had enough money to give. Here is his BTC Address : bc1qexaya4y9klsqa2h307kr2g69ckr929hqgagv3x

Useful
Reply
Report

They are bunch of shell companies. They will contact you claiming that when they look up your EIN through a webportal at the SBA. There is $120,000.00 being held by the sba for you as an EIDL loan. But won't give you any proof of the money. Until you pay their $500.00 fee. "Then they will submit your application for funding to the sba." When you call them out that the sba doesn't have any record of money held by them for you. They won't respond to your calls, texts, or emails.

Useful
Reply
Report

I was lied to and told I would be refunded the money in case I wasn’t approved but they stole my money 2 months in a row and refused to give me my money back calling me a racist

Useful
Reply
- Saint George, SC, USA
Report

I was sent an email stating that I was approved for the requested amount but I need to have my identity verified for $9.95. They also needed a picture of my drivers license. I was then send a 2nd email with the directions on how to sign the loan documents. Before I could do so, they asked for $100 service fee

Useful
Reply
- Nanticoke, PA, USA
Report

I was looking for a loan to help me fix my car and I applied for a few different.loans I got approved and they selected me asking for 9.95 to verify me. So I decided to check to see if it was a scam cuz they also said that the interest percent was 7.25% which is extremely low considering my credit is only at Fair.

Useful
Reply
- Bangor, MI, USA
Report

I was told a friend had use them and received a grant used for help with mortgage, bills, or just to retired person. Was not told how much would be needed. But is I sent funds, they always wanted more. Some for the application, fees, and then IRS fees. Was told my grant went through. But then I started to ask questions. Would not answer any questions I asked. The individual said his name is Mr. Richard Edward and that the IRS agent was James. I tried to contact the company and told them about this, another guy named James told me to block them and he would help me. He sounded just like the first guy, telling me to trust him. Richard said that a lot and now I know I have been scammed. Should have known better but because it was a friend who told me. Then I find out that my friend was hacked and this person sent this message to all the people in her Facebook account. I just want these people to know we work hard for what we have and do not deserve to have our funds stolen by people like them. This last individual would not answer any questions either. Please help

Useful
Reply
- Frankfort, IL, USA
Report

Wanted a $30,000 personal loan. Was told that $2500 necessary in case payment missed. Money sent. He then demanded another$2500 which my husband sent. He asked a third time and my husband came to me with what had transpired. I called and spoke with Craig Gifford. I told him we did not wish to take out a loan and that I wanted the $5000 back. I was assured it would be returned but of course it has not. There was another communication from Sacramento Ca, Allentown Pa and another from New York. My husband would not ordinarily fall for this it just makes me sick

Useful
Reply
- Henderson, NV, USA
Report

This was Bait & Switch, I was offered a long from SBA for $120,000 but then told I needed to wait until now to October to receive the funds but they could fund me $75,000 at a high rate paying back large sums weekly! They kept pushing me and my husband finally said NO! I am out $1200 and could not pay my bills!

Useful
Reply
Report

I received the same offer from them. Offering $120,000 SBA EIDL loan. But they won't show me proof of the funding from the SBA until I pay them a $500.00 closing fee. I contacted the SBA about it.

Useful
Reply
Report

Offered loan with approval email after applying on loanscanada.ca, and then they said had to pay 1427 for insurance on loan before it could be released. They sent me another email to etransfer and then another email to etransfer again as well. They then said they had a sponser to make up the rest of the payment after saying i needed to pay more money. They deposited a bad check into my account and then proceeded to breate me on the phone saying they will not refund me cause i will not go to the store and get a 200 gift card for "****** bank" to release the funds into my account

Useful
Reply
Report

Was reached out by tezlico lending after applying on loans canada for a loan and they said i needed to pay 1427 for the 20,000 loan that i had requested. They used the same phone number as this post and they have the same address as well.

Useful
Reply
- Glasgow, KY, USA
Report

It was supposed to be a loan then they said they got me part grant money so they charged me fees for every transaction an he told me that I had pd all fees an money would be deposited but now that I’ve paid all fees they want give me my lose/grant

Useful
Reply
- Fall Creek, OR, USA
Report

It was a scam through cash app from Marcus White he’s associated with prosperloans a loan company out of Philadelphia their phone number is 267 696-4034 he scammed me through cash app without me I have pictures and proof of the scam

and he scammed my mother as well

Useful
Reply
- Largo, FL, USA
Report

Have all my info saying their a loan comi had to pay 200 for credit insurance before i could recieve the funds in my account. The other number that was used 805 604 7001

Useful
Reply
- Chesapeake, VA, USA
Report

I was applying for an emergency cash loan and I was contacted by text. At first it seemed legitimate. They deposited a mobile check into my account. I instantly knew it was a scam when they asked me to Cash App the money back. This was for FDIC insurance because of my bad credit. Luckily, my bank held all but $225 from the $998 bogus check. I will not spend any money and I will hold on to the money because the check will probably not clear, but I will have the money to cover it because I am not going to spend any of the credited amount. I was supposedly approved for $3000 loan at 10% with a $139 payment per month.

Useful
Reply
- Ogilvie, MN, USA
Report

We needed a loan for our business which we was told only way to do was with setting up merchant credit card service with them they sent out terminal upon evaluation declined their offer they initially charged us over 200.00 i asked for it back he said wasn’t him i continue to get charged 28.00 a month over 18 months later can you please help

Useful
Reply
Check fields!

Report Advance Fee Loan Scam


Upload here Increase visibility and credibility of your review by
adding a photo, document or video
Submit

Advance Fee Loan Scam Contacts

Phone:
+1 (347) 709-3172 0 0

If you know any contact information for Advance Fee Loan Scam, help other victims by adding it!

Add new contacts
| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | New