Sherwood Financial Service Reviews - Sherwood Financial Service Scam or Legit

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Lucas –

Total money lost $750

Type of a scam Advance Fee Loan

I was contacted august 3rd 2019 via email by a company that went by the name of Sherwood Financial Service, in exact wording the email stated: "Congratulations! Your loan application went through underwriting successfully, we have your terms and conditions available. In order to receive the agreement and information on the release of your loan please contact us at 1-236-887-1687 Thank you!" The email also provided me a reference number and the name of my personal representative, Alex Parker. I did not recognize this company however i had been applying for loans through private lenders due to my poor credit rating, so i figured i had just forgotten about sending them an application. I called the number and came into contact with my rep, he went over the loan terms such as interest rate and repayment plans and stated that in order to secure the loan i would have to pay a total of $750.00 CAD for Credit & Liability insurance to act as collateral. Unfortunately i sent the payment via interac etransfer.– (i will not be disclosing the name or email of the person i sent the etransfer to, when i contacted email after i became suspicious, i believe they have been a victim of a job scam, they stated that somebody offered to pay them a set amount to run errands, they got an etransfer and were instructed to withdraw the funds and meet somebody in person in order to hand over said funds.)– My rep, Alex, than stated to me that the process would only take 45 minutes and i would have the loan (10,000$) directly deposited into my bank account, to which they also have the information for. Once i realized this was taking longer than stated, i called Alex multiple times throughout the day and he was obviously attempting to buy time, stating things like "it will be out to you by 5" "its being processed" "i will make sure its in your account before i leave today", the funds never entered my bank, and i was eventually unable to make further contact with him for the remainder of the day. The next morning (aug 4 2019) i made contact with him again and he had advised me that they had made a mistake and applied the wrong insurance plan and that they need 750$ more in order to finalize however due to the error they would now give me 12,000$ instead of 10. At this point i demanded a refund and cancelled my application, Alex stated that my 750 would be returned on tuesday (aug 6 2019). I called multiple times between aug 4 and 6, finding it increasingly difficult to make contact. It would ring four times and go to a voicemail box that had not yet been initialized. On the off chance he did answer, he would only say "its coming tuesday" and hang up. It is now the end of the day on tuesday, i have had enough. When i spoke to him on tuesday he again stated it would be in my account by 5:00 my time (7:00pmEST) to which it did not appear. I again called him, (note that i have to now spam call this guy close to 18 times for him to pick up), he says its coming still and that he has sent me an email which i also never received. I am now writing this report because at this point he WILL NOT pick up, it is way past his set deadline, and by this point i am now almost certain this is fraudulent. I have filed a report with the RCMP as well as the canadian anti fraud centre and my personal bank.

Frederick –

Type of a scam Advance Fee Loan

They have my sin number they have my address my phone number everything … And I’m not sure how

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