Victim Location 32083
Total money lost $2,225
Type of a scam Investment
I have been looking for a loan to start my business. I have been turned down by banks and credit union and I went searching for angel investors. This particular investor found me on the Angel Investment network and reached out to me first claiming to be interested in funding my project. His company helps all kinds of business start-ups. I contacted the Angel Investment network to confirm and they allowed him to be an investor that contacts potential projects. He contacted me through the network first then gave his business email to send my proposal and my #’s. He loved the project and said it would be a great investment for his companies portfolio. This seemed like what an angel investor would be like. I transferred the fee for the PPI insurance and I never heard from him again. Stop taking my calls, stop responding to my text messages and I am out $2225.00. Once I realized I had been scammed, I tried to get the wire transfer back. I called my bank, they intiated the retreival and they contacted the bank I wire the money to Capitol One – Account holder: Gerald Akube Acct # 8232618028 routing 111901014 bank address Eldridge parkway Houston , tx 77082- , I called and confirmed the bank was actually there, and I even confirmed it was a real account, they confirmed the wire transfer. I sent confirmation of the wire transfer to him and he confirmed he was putting the wire transfer through then all communication stopped. I was sick to my stomach for days. I am an educated woman, how could have been so stupid. I want to believe so bad that he was looking to help me. I had heard great things about the angel investor network and I hoped this was real. I contacted the angel investor network and they said they would remove him from the investor list. I wish I could get that money back so bad. I barrowed from my daughter who is an active military and the wire transfer went through her account. It was her first check from the military and she wanted me to use to see my dreams come true. I was crushed in all kinds of ways. I have just now gotten the courage to report it because I have been contacted by other "so called angel investors" I know they are scams too.
Cashflow ltd- Gavin Kolner Loan Officer Pretoria, South Africa +27 73 009 4404 who claims to have a home office in New York- at 731 Lexington Avenue NY- no zip – ph 646-470-7854- he keeps sending me offers
Kimberly Hunt of Retro-funds LLC of retro-funds.online/, she wanted me to send $500 processing fee to Tracy Moore of Dawnwood Lanham Maryland 20706- they are from Orange park, fl and are moving to California. They too keep sending me offers from [email protected]
I have not sent these 2 any money and will not ever
On Mon, Jul 29, 2019 at 2:15 PM Douglas Mcnelly wrote:
The transfer is up to you. Once you come up with half of the amount for the PPI and make the payment I will initiate the transfer.
On Mon, 29 Jul 2019 at 6:22 PM, *** *** wrote:
Hello, are you ready to make the transfer?
On Wed, Jul 24, 2019 at 11:47 AM *** *** wrote:
Hello, I am in the office. Does your lawyer have the paperwork ready?
On Tue, Jul 23, 2019 at 4:53 PM Douglas Mcnelly wrote:
On Tue, 23 Jul 2019 at 13:52, *** *** wrote:
Ok thank you very much for your help and support to make this project a reality!
On Tue, Jul 23, 2019 at 4:50 PM Douglas Mcnelly wrote:
I am not certain of the amount as it varies but am sure it will not exceed 5% to 10% of the total loan amount but my attorney would be in a better position to give you all the clarity you need.
At the interim, the loan contract agreement will be forwarded to you tomorrow by my attorney for your review and signature endorsement and further details will be given to you upon return of the signed agreement.
On Tue, 23 Jul 2019 at 13:39, *** *** wrote:
Okay, how much is the PPI?
On Tue, Jul 23, 2019 at 4:35 PM Douglas Mcnelly wrote:
Thank you for the quick response. I will forward your information to my attorney for drafting of a loan contract agreement.
I will like to bring to your notice that i will fund your project 100% but since we are dealing for the first time, i would require a collateral as security for the loan and my preferred collateral would be a Payment Protection Insurance(PPI) policy to act as security for the loan and you be responsible for procuring the PPI under the supervision of my attorney and this will be the only obligation expected of you the beneficiary to expedite a successful financial transaction with us.
I look forward to hearing from you if this is accepted by you.
On Tue, 23 Jul 2019 at 13:15, *** *** wrote:
I accept the terms.
On Tue, Jul 23, 2019 at 3:48 PM Douglas Mcnelly wrote:
Please find attached the application form, fill and return to us for drafting of a loan contract agreement for your perusal and signature endorsement.
I look forward to working with you.
On Tue, 23 Jul 2019 at 08:20, *** *** wrote:
Good Morning, I am in my office and can get started on the application if you are available
On Mon, Jul 22, 2019 at 7:01 PM *** *** wrote:
Okay, thank you very much! I really need this project to go smoothly, please! Please! Be upfront with me on this. a lot of families have sign up for this co-op food project and I have worked really hard on this grant. Your seed money will make this dream come true!!!
On Mon, Jul 22, 2019 at 6:55 PM Douglas Mcnelly wrote:
Great! I will send you the loan application form by tomorrow for drafting of a loan contract agreement.
On Mon, 22 Jul 2019 at 15:52, *** *** wrote:
Yes, I accept the terms.
On Mon, Jul 22, 2019 at 6:47 PM Douglas Mcnelly wrote:
Okay, I can actually get you funded but firstly, i need you to consider my lending criteria;
The minimum time for the loan is a year and the maximum is 10 years.
The minimum funding is $5,000,00. while the Maximum is $800,000.00
The Interest rate is 5%
The repayment of the loan will begin 3 months after funds have been transferred to you
The repayment will be on the last Friday of every month.
There is no prepayment penalty within the loan period.
We will proceed with further funding modalities once this accepted by you.
On Mon, 22 Jul 2019 at 15:30, *** *** wrote:
Can I get the loan for 24 months? With the option to pay off early with no penalty? I can only afford half that payment a month, I am pre-approved for a $100,000 female farm grant but the $$ will not be dispersed until June 2020
On Mon, Jul 22, 2019 at 6:25 PM Douglas Mcnelly wrote:
Loan calculation and repayment schedule for your review.
Loan Balance: $45,000.00
Adjusted Loan Balance: $45,000.00
Loan Interest Rate: 5.00%
Loan Fees: 0.00%
Loan Term: 1 year
Minimum Payment: $0.00
Monthly Loan Payment: $3,852.34
Number of Payments: 12
Cumulative Payments: $46,228.04
Total Interest Paid: $1,228.04
Note: The monthly loan payment was calculated at 11 payments of $3,852.34 plus a final payment of $3,852.30.
On Mon, 22 Jul 2019 at 15:13, *** *** wrote:
Hi, I am sorry I couldn’t hear you on the computer line , could you call me back from a cell or land line . Also, I do not need the the full $75k , I only need 45k to get started and I can pay it back with in a year.
On Mon, Jul 22, 2019 at 5:53 PM *** *** wrote:
Hi I left you a message, can you please call me back to discuss, 904-966-9381
On Sun, Jul 21, 2019 at 9:13 PM *** *** wrote:
I will call you tomorrow
On Sun, Jul 21, 2019 at 2:09 PM *** *** wrote:
I can pay back $1000 a month the 1year then , $1500 until paid off. So 50 months total with a no penalty if paid off early. Is this something you can do? I am currently writing grants, however those funds will not be available for a year. I just need seed money to get started.
On Sun, Jul 21, 2019 at 1:44 PM Douglas Mcnelly wrote:
Thank you for your response. What is the duration you will be needing for this loan?
I am available to speak with you.
On Sat, 20 Jul 2019 at 05:05, *** *** wrote:
Thank you for the inquiry into my project. I am in Florida , is there a time this morning we could discuss my project ? What time zone are you in?