I, too, received phone calls from Dale Watson, presumably not even his real name, on February 17, February 18, February 19, February 21, February 25, and February 28. I did speak to him initially on February 18, at which time he told me I was approved for "the total amount requested". A $20,000.00 loan at 6 percent interest. I was told I would have to send in $2,315.00 as "collateral" for this loan because of my low credit score. I, fortunately, did not send them any money, thanks to finding this site beforehand. However, he gave me "only until February 29 to get this paperwork in" or "the lender would take their money back that was wired in my name". Well, Dale Watson called me several times, as noted above, telling me we needed to "secure this loan" before the 29th of February and reminding me that it would be void after that and the lender would take their money back. Well, guess what, he called again on March 3, and, you guessed it, the lender gave me additional time!!! What a scam artist!!! I would love to hear from anybody who would like to go after these scam artists legally. Please email me @email@example.com. These phony named scam artists need to be stopped. There is interesting information from the BBB as listed below:
Better Business Bureau Uncovers More International Scams Using Fake Charlotte Addresses
Media Contact: Janet C. Hart, CFEE (704) 927-8617 office
Charlotte, NC – February 26, 2008 – The Better Business Bureau of Southern Piedmont has uncovered two more international scams using prominent, fake local addresses. The latest scams involve two separate advance fee loan scams doing business as Guardian Financial Group and Hire Financial Services - both of which are using local Charlotte addresses. The problem is that neither company is actually located at the Charlotte address where they claim to be doing business and they are conning consumers nationwide into wiring advance fee loan payments to Canada. Since both companies are doing business via the internet, it is difficult to determine where the scams are actually originating. However, it is illegal in the state of North Carolina for companies to charge advance fees for credit or debt adjusting services.
Guardian Financial Group, does business via www.guardianloans.org and lists an address as being in one of Charlotte’s most prestigious buildings in the heart of the uptown financial district - 201 North Tryon Street, Suite 2100, Charlotte, NC. Telephone – 1-800-963-5140. The BBB has confirmed that there is not a business at this address named Guardian Financial Group. The building’s property manager told the BBB that they have received dozens of telephone calls from individuals trying to locate Guardian Financial Group. Consumer complaints list the following employee names of Guardian’s “loan officers” or individuals to whom money was wired in Canada - Lawrence Wilkenson, Richard White (ext. 163), Angela Conley, Thomas Burns, Kari Williams, David Fitch, Elise Darveer and Dale Watson (ext. 285).
Hire Financial Services, does business via www.hirefinancialservices.com and lists their address as 6300 Independence Blvd., Charlotte, NC. Telephone – 1-888-284-8634. The BBB has confirmed that there is not a business at this address named Hire Financial Services. Consumer complaints list the following names of Hire’s employees or individuals to whom money was wired in Canada – Monica Miller, Stephen Sienko, Kimberly Brown, Tiffany Covington, Kathy Livimore (ext. 117) and Jessica (ext. 824).
Guardian Financial’s website is active, but Hire Financial’s website account has recently been suspended.
In just the past two weeks, the Better Business Bureau has received 294 inquiries and 12 complaints (which are being investigated) against Guardian Financial Group. In the past two months, the BBB has received 40 inquiries and 4 complaints against Hire Financial Services. Complaints filed against these two companies are almost identical and are from individuals nationwide who paid advance fees ranging from $900 to $2,000 as “insurance” or “collateral” after being guaranteed they would get a loan ranging from $5,000 to $15,000.
In each case, the consumer contacted the loan company via the internet to get a personal loan. The employees of these two companies assured each consumer that they would get a loan, but the consumers had to pay an advance fee to secure the loan because of their poor credit history. The amount of “collateral” required for the loan was based on the amount to be borrowed. The consumers agreed to the terms and were faxed “loan documents” to sign and return. The consumers were then instructed to wire the advance fee – referred to as “collateral” or “insurance” – to Canada.
All of the consumers were told that their loan funds would be deposited into their bank account within 24 hours after the wire transfer was received. When the consumers did not receive their loans, they each called the companies and were told that their loans did not go through because of their poor credit and they would have to pay additional money as additional security to get the loan. Although a few consumers did send additional money, the majority of the consumers became suspicious at this point. When they declined to send additional money and asked to cancel their contract, they were told that they could not get a refund for at least 30 days. Of the 16 complaints filed with the BBB, none of the consumers have received a refund or received any loan funds.
“Advance fee loan scams are common and they prey on people who have trouble borrowing money through conventional methods because of their poor credit histories,” said Tom Bartholomy, President & CEO of The Better Business Bureau of Southern Piedmont. “Although these companies are listing Charlotte addresses, they could be based anywhere in the world,” Bartholomy said. “The problem in closing down these types of scams is finding where they are actually located. In the meantime, the BBB is trying to educate consumers about these scams so that they do not become victims,” Bartholomy added.
The Better Business Bureau has information you can trust. You can check out a company and get a free Reliability Report by visiting www.bbb.org or by calling The Better Business Bureau at 1-877-317-7236 toll-free in NC and SC or at (704) 927-8611.
DO NOT SEND THESE CROOKS ANY MONEY AT ALL. NOT ONE PENNY!!!
© 2008 Council of Better Business Bureaus