Scam Type
Advance Fee Loan Scam
Date Reported
2022-12-08 00:00:00
Victim Postal Code
30309
Total Dollars Lost
12800
Scam Description
David said that his company could refinance a property that is free and clear. First, we sent over a processing fee of $4,000 and was asking for a closing disclosure or something saying the specifics of the transaction. That document did not exist, so they created one. The next few days, they said they couldn’t send any money and made a mistake and wanted us to send another $5,900. After sending that amount, we were told that when filing the paperwork, the IRS Code obligated us to send another $5300 for everything to go through. We sent another $3,000 in hopes that we can get a lower loan amount. have to make any decision to secure funding from another source, we asked for a refund. David said that it would be an additional $1,,000 to refund what we’ve already sent. They would not take $1,000 from friends already sent and will not send our money back. Please be careful.
