ED Magedson – Founder
Cash AdvanceLos Angeles, California USA
Cash Advance BEWARE CASH ADVANCE SCAM LOAN COMPANY NO MONEY AND TAKE YOUR FEES Los Angeles California
I received an email from Cash Advance saying they had a loan for me up to $15000 to pay in installments. I called and they said I was "approved" for 5000.00 for 24 months at $242.43 a month. However, they just needed to see the money in my bank account for 1 month payment but would not use the money for payment. They said they would need to do this before they would wire the money. I called 917-387-3712 and spoke to Ethan Floyd at extension 210. He was an Eastern Indian. He said he would stay on the phone with me during the bank verification of money and stay on the phone the entire time with myself and my bank also for the wire money transfer. He said the company was a member of the 17 Edition of The Better Business Bureau. I called the BBB and they never heard of them. I never called back. They called several times but I told them they were frauds and never to call again. NEVER give your bank info over the phone to anyone. Defrauding people in financial hardship is the lowest of the low. I have no idea how they can still be in operation.
This report was posted on Ripoff Report on 05/02/2014 05:22 PM and is a permanent record located here: http://www.ripoffreport.com/r/Cash-Advance/Los-Angeles-California/Cash-Advance-BEWARE-CASH-ADVANCE-SCAM-LOAN-COMPANY-NO-MONEY-AND-TAKE-YOUR-FEES-Los-Angele-1143677. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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