Scam Type

Investment Scam

Date Reported

2023-05-16 00:00:00

Victim Postal Code


Total Dollars Lost


Scam Description

Supposedly I applied for online loan and only wanted $2000 to $2500. Kevin Peterson, Loan Officer of COMMONWEALTH FIANCE Services had gone out of control to telling me the bank can only do $4000 loan. I did several Cash App transfers with him with large amounts and send to three different people. Kevin Peterson said his staff all have Cash App accounts and whenever he sends check(s) into my account I have to send certain amount of money back to different Cash App Accounts to his staff. At the present time I am in the (-$5884.43). I wasn’t aware of Kevin had sent electronic checks into my checking with different companies. When I questioned him why the checks were deposited form different companies, his response was they work with different companies because of my bad credit. He never shared with of my credit score and he also said the larger amount you borrow the better your credit score will be. If you could email me @ lee.marge_10@yahoo.com I could share the loan documents with you’ll along with the people on Cash App that I was told to send money too. I can not afford to pay back the money at this time to USAA, that is whom I bank with for the past year. This Magic Jet Loan is so pathetic and have no mercy on whom they take money from. They are SCAMMERS!!!…

Leave a Comment

Your email address will not be published. Required fields are marked *