Scam Type
Advance Fee Loan Scam
Business Name Used
Imposter Lending Club
Date Reported
Oct 22, 2022
Victim Postal Code
53098
Total Dollars Lost
0
Scam Description
I was contacted about a $5,000 loan that his company was offering me. I agreed to the amount of the payments and also the 17 payments being made. Eric asked me to supply the bank, routing number, and account number. I asked why and he said it was common practice to go in there to verify the account was active. He knéw that there was under $7.00 in the account. He then asked for the $100 for the insurance. I was instructed to go to Walgreens and get an eBay card for $100. I got the card and read all the information to him. Later that same day I received a phone call from him, he stated that the loan department had just informed him that I needed to supply the first payment of $325. I told him that I wasn’t told that in the beginning. He told me it was because of my credit score. He again told me to go to Walgreens and get two more eBay cards. One for $200 and the other for the balance. I did as instructed. I called him back and gave him the information off the cards. I was told that that money would be returned to me with the
Loan deposit that was to be made the same day. I checked my account several times and called the bank to see if the deposit had been made. They told me no that nothing had been received. I called Eric on my break and asked for an explanation. He told me that he had tried 5 times to make the deposit but it wouldn’t go through. Then he told me he talked to money gram and western Union to get the charge to send the money that way because he said the bank was going to start charging him for trying to do the deposits. He told me the charges for western Union was $360. I nearly flipped. He also stated that until he had that money my loan would not be sent. I had already sent him my paycheck so I had no money left. He said okay the money will not go until that $360 was sent. I had no groceries or dog food in the house. I went and borrowed the $360 from an neighbor I used to live by who is 80 years old. I again got two more eBay cards and called him with the info. He thanked me and hung up. I waited for an acknowledgment from him that he had done the western Union. Two hours later he called me back and said he needed another $360. I asked why and he stated they could only send $2,885 separately because they were going to reimburse me for the charges plus the first payment, and the balance of $3,000 separately because that was the limit. I explained that the agreement was to deposit into my account. I told him I wouldn’t pay that, and he told me to cancel the loan then. I said okay cancel the loan and he told me the charge to cancel the loan was $270. I said I don’t have any money. He told me to ask some one or after six days they get to keep the money. I need that money for bills and food. He hangs up on me now.
