The same thing happened to me. I dealt with “Kimberly Cole” who approved me for a loan of $7, 000. I chose the collateral option as well, $892.00 which I sent via MoneyGram to “Paul Levin”, and then they told me due to further review of my credit, I was deemed high risk. It was then made mandatory for me to take out an additional Insurance Policy for $1, 200 w/ a min. deposit of $400 to be sent via MoneyGram to “Jordan King”. I live in Trenton where they're based and wanted to bring the money personally, but they conveniently wouldn't allow it. They said they needed a paper trail. I sent the money and waited and waited. I played phone tag w/ them for awhile and finally reached someone who told me my loan was canceled due to “the length of time it took for them to receive the $400. Which was a untrue. They said they would refund me on 2/11/09. The money never came.
I knew something wasn't right and contacted Mercer County Office for Consumer Affairs. A friend of mine works there and he informed they are under investigation by the state. They change their name every couple of months, and send the money to someone in Canada. The State is pressing the issue on my behalf, bringing in their sources to deal with them. Also, my boyfriend and I went to their address, 95 W State St., and could not find that address. If you where If you have been a victim of this scam you should contact the Mercer County Office of Consumer Affairs, seeing as that is where they claim their business is run out of. They should help you, or at the very least tell you who you should contact. I don't know if I'll get refunded but it's worth trying. Beware of this and many others like it.
