On June 29, 2007 I filled out a loan application on the Website for Freedmens Financial Resources Website. On that same date I received an e-mail from Ms. Mary Chambers informing me that they were processing my application and I should here something back shortly.
On July 10, 2007, I received an e-mail from Ms. Chambers stating that my loan application has been processed and please call her to verify my information and to continue th loan process. I proceeded to call Ms. Chambers on July 11th to finalize my application. Ms. Chambers said that she had all of my infomation and would call me back later in the day with the results.
At about 4:30 the afternoon of the 11th I heard back from Ms. Chambers. She informed me that would be able to extend me a loan for the amount of $5000USD for a 7 year period. She told me I would need to secure my loan with 1 of 3 options. The options that she gave me were to have a co-signer with a credit score over 750 and making $65000USD/yr, my second option was to put up a house/car/IRA as collateral, and my 3rd option was to purchase an insurance policy for $797.10USD from Flags Insurance Group.
At that time I asked her if she could send me the loan contract and I would figure out which option I was going to use. Ms. Chambers e-mail me the contract and asked me to sign it and fill out which option I was going to use. She also informed me that I had until July 18, 2007 to make a decision.
On July 13, 2007 I informed Ms. Chambers that I would secure the loan with insurance and that I had signed the documents and would fax those back to her. She proceeded to tell me that I would need to send the money Western Union to a courier in Toronto Ontario, she gave a test question to fill out and the Couriers name of Karen Don and then asked me to call her back with the MTCN number.
I proceeded to do all this on July 13, and called Ms. Chambers back that afternoon at 4:45pm. She informed me that she had everything and that I should be receiving a phone call to verify my information on Monday morning and that the the money would be deposited into my account by July 17, 2007. I never received a phone call and the money has not be delivered to my account, and Ms. Chambers is not returning phone calls.
I have a signed contract and all the the information of what I have done, up to this point. I have not had any luck getting in touch with this company either. I am not sure what my next step is, but if I have been scammed by this company, I can only assume that other individuals have as well. I researched this company when I first sent my application, and I couldn't find any negative information on them at that time.
When the money wasn't delivered on time, I did another search and found another individual who is going through this same thing. I only wish it were there 2 weeks prior. I did file a report with the FBI-Internet Crime Complaint Center, and have also contacted the police. But at this point I am $857USD.
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