John Dunn informed me that he would represent me against my mortgage company and possibly lower my balance or completely end my loan. Yes...too good to be true and shame on me for believing him. Instead, he kept my money and never did anything for me. After a year of emails and phone calls for when the process was to start; I finally gave up hope and asked him for a refund. He said that he had used the funds for the work he had all ready completed (I haven't received anything to date from him). Supposedly, it cost $5000.00 for reading my mortgage contract and for audit fees. He said he sent me copies, but I didn't get that either.
Here's what he claimed, copied from his email:
I have reviewed your documents and have determined you do have a case based upon fraud and common law fraud. You have a Yield Spread Premium case. The fees are as followed:
A $3800.00 fee for the audit and violations outlined.
A $1250.00 fee for the legal documents to the attorney that will handle your case. A retainer to the attorney, around $2500.00 to $3000.00.
There is no other fees from this point to the end of your case. Let me know if you want me to call and discuss this further.
Thanks,
John
I did ask for references and talked to a client of his. I was convinced that he would be able to help me. Instead...I was ripped off!
Please, don't do business with JOHN DUNN from Littlerock, Arkansas
Justme
Moreno Valley, California
U.S.A.