new scam

Quick update on Sunridge Capital Group. These guys are seriously DANGEROUS. We just received an email today from a consumer who was asked to wire transfer over $7,000 to the scammers. Here's her email:

i am in the process of working with a loan organization called sunridge capital group which is located in orlando florida. i did an online application and they called me and sent me a contract to sign stating that i was approved for a loan in the amount of 120,000 usd, but before they can distribute the loan, i have to send them 7,461.30 usd. i am holding out sending them money. the lender just recently faxed me another letter stating that this loan agreement cannot be reversed or annulled once i send the payment. this is a home purchase loan and i sent this paperwork to the broker that i chose to purchase a property from. is this a scam?? should i proceed with the loan since i already submitted it to the broker without sending them the 7000 and some odd dollars.

This message was edited 1 time. Last update was at 03/18/2009

Wow! Unbelievable! These guys figured it all out sounds like. No need to go after small fish but rather go after home buyers who are looking for a mortgage loan. Housing turmoil has caused for the property values to drop like a brick and at the same time provide excellent opportunity for home buyers.
A desire to jump on the good deal and buy,buy,buy forces many customers to get their guard down and apply with questionable lenders and websites. It is super important to deal ONLY with trustworthy lenders and do a full "background"check on them as they do on you by running your credit.

Possible new scammer being reported today:

Regal Financial Group
Contact: Todd Higgins
1.866.840.3098 X 619

Loan offer of $60,000. Requested a "security deposit "of $5,608.52. Not required to make any payments until August.

Please check to let me about company name Capita Management Group or Carlson Credit Insurance located in SouthField Michigan or Halifax Canada . The person that I was talking with Mason Brown ext 222 1-866-874-3826. Can this be another scam

THIS IS THE SAME SCAM WITH GLENWOOD LENDING GROUP. THEY HAVE FOUR COMPAINIES ALL OVER THE STATES. I WAS SCAMMED OUT OF 1200 DOLLARS THE MIDDLE OF MARCH FROM GLENWOOD LENDING GROUP ALSO SEVERAL OF PEOPLE ALSO. BE AWARE. I HAVE RECEIVED A LOT OF PHONE CALLS FROM DIFFERENT PEOPLE OVER THE PAST FEW WEEKS THAT WERE ALSO SCAMMED. IF YOU GOOGLE GLEN WOOD LENDING GROUP U WILL SEE.
THE FOUR COMPANIES ARE
1.REGELFINICAL GROUP (FLORIDA)
2. GLENWOOD LENDING GROUP (WHICH I WAS SCAMMED NO LONGER AVAIABLE)
3. SUNRIDGE CAPITAL GROUP(FLORIDA)
4. BENNET FINICIAL GROUP ( NO LONGER AVAIABLE)

THESE R THE SAME PEOPLE WITH ALL DIFFERENT NAMES IN EACH COMPANY THEY STAY OPEN FOR ABOUT A MONTH TAKE YOUR MONEY AND THAN VANISH THEIR R A LOT OF PEOPLE ON THIS IF ANY QUESTIONS PLEASE CONTACT ME AT 347 424 7799 MELISSA THANK YOU

New scam report in today: First Choice Lending Group (firstchoicelendinggrp.com - created 3/9/09)

A victim reported the following:

I have been pre-approved for a loan through First Choice Lending Group. They seem legit, but they had us send money western union to Canada to secure the loan. Then they said there was a mistake and they need more money because we are high risk. They sent new paperwork with a settlement letter. Everything looks legit, even their website. Please help!

This message was edited 1 time. Last update was at 04/01/2009

So I think someone might be trying to do a scam on me now I have been trying to find someone to approve me and my husband for a morgage so we got a email from fidelity freedom lending company and they to say the same thing I had been approved I had to pay $880 up front which was 5 payments and I would get the 6th one paid by them. So I have been googling all day and I found your website and read everyones story and one lady had the same 3rd pary investor which is National Angel Organization Angel Investor of New York. The womens name was Janet Frost and her company
FIDELITY FREEDOM LENDING
1375 Broadway Avenue New York,NY 10018
Phone # 1-866-431-6498

Website: www.fidfrel.com

ADDRESS: 1375 BROADWAY AVENUE
NEW YORK,NY 10018

WEBSITE: WWW.FIDFREL.COM
LOAN REP. JANET FROST 1-866-431-6498 EXT#245
FAX: 1(800) 352-7455
A LT. FAX# 1(88

819-0309

and then this was the angel network
Gerald Metcalf
National Angel Organization Angel Investor Network
Third Party Lender/Angel Investor http://www.angel-investor-network.com
National Angel Organization Angel Investor of New York.

I wouldn't trust this one either. For one, their site does not have any privacy or security policies - no other option but 'contact us', no type of encryption in their online application and the field for social security number is 'optional for quicker results'. These are all warning signs...

The final test (as Emily has suggested previously), if you do a whois on their website you'll see that the site was just created 4 days ago:

Domain Name: FIDFREL.COM
Created on: 27-Mar-09
Expires on: 27-Mar-10
Last Updated on: 27-Mar-09

Don't do it.

THE FOUR COMPANIES ARE
1.REGELFINICAL GROUP (FLORIDA)
2. GLENWOOD LENDING GROUP (WHICH I WAS SCAMMED NO LONGER AVAIABLE)
3. SUNRIDGE CAPITAL GROUP(FLORIDA)
4. BENNET FINICIAL GROUP ( NO LONGER AVAIABLE)

I just checked and all four are 'shut down' MEANING, probably setting up 4 different companies now

Please be aware of this group of scam artist. They are named Edgewood Financial Group. A company representative by the name of Earl Buckner claim to have approved me for a $5000.00 loan. Based on first review, all I needed to do was to send to them a total of 885.00. I sent them the money to a Jane Selkirk in Calgary, Canada via Moneygram. Upon her picking up the money, per a Michael Madox in Customer Care stated that the lender decided that I was a high risk client and would have to send them another 885.00. Once I did that I would receive the $5000.00 deposited directly into my account. Needless to say I didn't have another 885.00 to send to them and so I decided that I no longer wanted to pursue this loan. During this conversation he informed me that the application would still be valid if I chose to send the remaining 885.00 or they would refund to my account the previous monies that I had sent to them on their regular billing cycle which would be April 27th and not before. I informed him that I honestly doubt that he would send me my money back and this has truly been a very hardship with them taking advantage of people in such a matter. He actually questioned me as to whether I was accusing him of been a scapler and told me that once the 27th rolled around I would be the one who would have to call back and apologize to him. I told him if that remained to be true, then I would be the bigger person and do just that.

The person asking about capita management group . Please Please don't send them money They are scammers.

I've been reading here about Burlington Financial. Be careful, this sounds awfully close to Burlington Lending Group, which contacted me today. I called the number after hours and put in the extension of the person who called me. I did not speak to anyone, but it sounds very familiar to all of the posts here. If anyone receives a call from Burlington Lending Group, 1-866-718-3054, it would be in your best interest to ignore it. The extension was 725 and the contact was named Donald. That's all the info I have, but I hope it gets out there so others won't get sucked in.

I wanted to let everyone know that the above mentioned Burlington Lending Group contacted me this week and tried to scam me. I was pretty excited about getting approved since I have been struggling to build my credit back up and really could use the money. He said I was approved for $5000 and needed to send $775 up front for the first five payments and would not have to make a payment until January. The man's name is Donald Forman and he called from Burlington Lending Group. I did have him send me the documents and the address is listed in Wichita KS and the website is "not available" that's listed on the paper. The phone number is 1-866-718-3054, ext. 725.

Thank goodness something stopped me from sending the money and I started investigating and found this forum. There's no reason anyone should have to send money to get a loan and I am so glad I realized it in time and he never got a red cent from me.

I wanted to give all of the info for impac financial group I could. I hope this helps prevent ppl from being taken advantage of. All of the information posted below is based on the contract sent to me by James Cutter an "employee”.

First off the company that "provided" the default insurance for the loan.
The reps name was Sade Levene in Alberta candy.
Phone number they may be calling from: 602-801-2248
888-298-5343

Business address: 60 East Salado Parkway Ste 909 Tempe Arizona 85281{I called the owners of the building and spoke with them, there is no business located in that building with that name}.

When you do a reverse search on the 602 number you come up with and address that isn’t even CLOSE to the addy that is on this contract.

On the top of the fax where a fax number should be there is a name of Edwin Cabel. I have research this name and have found that this name is actually assoc with MANY frauds.

Hope this info helps.

So Im sitting here re-reading all the information on these loan scams and I am still the biggest idiot out here. I didnt just give 800.00 for a secure loan, I got another call the next day and was asked to send ANOTHER 800.00, even tho I was suspisous, I sent it to them. Yup a total of 1600.00 and NOTHING. The worse part is I thought this was a blessing, I became ill and lost my job and we fell behind on our bills. The 5000.00 was going to catch us up and than I could sleep again, now Im sitting here crying, knowing I cant fix this. We will more than likely lose our house. My husband is in the military and can be discharged due too not being financially stable. I have a 14yo and 12yo. I dont know what I am suppose to do next, but pray. The company that contacted me was Kenwood Lending group. Please no one else go through what I went though. God Bless you all