Certified Monetary Trust

Victim Location 29229

Total money lost $450

Type of a scam Advance Fee Loan

This scamming loan company contacted me by phone and offered me a low interest low for $5000. The only thing I didn’t like about it was the fact that they said it was a collateral loan and that I would have to pay 3 months worth of payments upfront in order to process the loan. Since I have bad credit, I thought that was a fair offer and I was in need of the money. The loan officer assisting me was Sandra Webster and she was in constant contact by phone and email. They have an active website that looks pretty legit and they sent me an actual loan contract to go over and sign. I went ahead with the loan and sent them $450 via zelle to a unknown person’s email address. I thought this was suspicious to send the payment through zelle, but they assured me it was a onetime thing and that once the loan was deposited into by bank account I could make regular payments through their website just like any other loan.

They asked me to zelle the money to Sasha K Pingue 301-792-4886 and she assured me that I was in good hands and that my money would be deposited after 20 minutes. Once I sent the money, they said everything was good and they were sending the money. When i didn’t receive the money after an hour and a half I kept contacting Sandra and then she tells me that I need to send another $450 in order to get the loan because the bank will not insure the loan without more adequate funding. At this Point I refused to send them anymore money and I told Sandra Webster that I wanted my $450 zelled back to me right away. She said it takes up to 30 days for a refund and that the company would call me about issuing the refund. Well this has been since October and still no refund. I have called several times, left messages, sent emails, and even made inquiries on their website and nobody has responded to my requests. These are complete scam artists that steal money from innocent hard working people.

Victim Location 30132

Total money lost $2,050

Type of a scam Advance Fee Loan

Update to my initial report. After speaking with a Mr. MC Allister he informed me that after my $700 payment my loan will be released. Due to the release time o had to wait until Monday. Once Monday came he was not in the office and I had to deso with Sandra again. She gave me the same lie that the lender would not take my payment and they required $700 more. I told her that they have take $2050 from me and I was not sending more. I wanted a refund and to speak with Mrm Mc Allister again. She kept telling me he would call and never did. I told her to send confirmation of my refund and didn’t. She informed me it would take 30 working days to receive and I told her I want my loan or money asap. I am a veteran on fodlxed income. I needed to pay my rent and take care of my kids. She kept sending the same information. They have tou deposit into an account for a Dwane Kerr at Wellsfargo or Zelle.

Victim Location 30132

Total money lost $1,350

Type of a scam Advance Fee Loan

I was contacted about a loan. Everything seemed legit. They requested a collateral payment which was made. Every time I asked the status of the loan more money was requested. Now im out of money and never received my loan.